UtahS.B. 1862026 General SessionSenateWALLET

Charter School Modifications

Sponsored By: Heidi Balderree (Republican)

Signed by Governor

Charter SchoolsEducationK-12 EducationSchool Finance

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Bill Overview

Analyzed Economic Effects

5 provisions identified: 3 benefits, 1 costs, 1 mixed.

Base funding rules and one-time charter aid

The State Board gives small charter schools base funding, subject to appropriation: the greater of $40,000 or $115 per student for schools with 2,000 or fewer students, based on October 1 enrollment. For FY 2027, the law adds $3.1 million one time for charter base funding and study costs. The Board must use a formula and follow caps: no more than $220,000 per school; no more than $175,000 for schools over 2,000 students; and small schools are capped at the per‑student amount a 100‑student school would get. Up to $70,000 funds the charter funding study. The Board may also distribute any other one‑time charter funds the Legislature provides, limited to the amounts appropriated.

New revolving loans for charter schools

The law creates a Charter School Revolving Fund run by the Utah Charter Finance Authority. It can lend for buildings, renovations, startup, or expansion. Loans are capped at up to $1,000,000 for additions or expansions, or up to 25% of the requested amount for acquisition or construction. Each loan must be approved, secured by a promissory note and deed of trust, and may require repayment if collateral is sold or refinanced; the Authority sets rates, terms, and may subordinate to senior debt. On July 1, 2026, assets and loan payments from the old charter revolving account move into this new fund.

Charter funding study due in 2026

The State Board runs a study of charter school funding and the base formula. The first meeting happens by April 1, 2026. A report with findings and recommendations is due to the Public Education Appropriations Subcommittee by December 1, 2026. The Board may hire outside experts if the Legislature funds it.

One-time support for charter service agency

Beginning July 1, 2026 (FY 2027), the Legislature provides $500,000 one time to the State Board for Regional Education Service Agencies serving as the Charter School Educational Service Agency. The money supports administrative and support services for charter schools.

New oath and governance rules for charters

Charter schools are public schools and must have an independent governing board and a binding contract. Each governing board member must take an oath to support the U.S. and Utah Constitutions before starting duties. Authorized officials or the board chair can give the oath. Schools must keep oath records and show them to the authorizer when asked.

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Sponsors & Cosponsors

Sponsor

  • Heidi Balderree

    Republican • Senate

Cosponsors

  • Candice B. Pierucci

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 135 • No: 25

Senate vote 3/5/2026

Senate/ concurs with House amendment

Yes: 18 • No: 5

House vote 3/4/2026

House/ passed 3rd reading

Yes: 72 • No: 1

House vote 3/4/2026

House/ substituted

Yes: 0 • No: 0

House vote 2/26/2026

House Comm - Favorable Recommendation

Yes: 9 • No: 0

Senate vote 2/18/2026

Senate/ passed 3rd reading

Yes: 15 • No: 10

Senate vote 2/17/2026

Senate/ passed 2nd reading

Yes: 17 • No: 8

House vote 1/29/2026

Senate Comm - Favorable Recommendation

Yes: 4 • No: 1

Actions Timeline

  1. Governor Signed

    3/19/2026
  2. Senate/ to Governor

    3/13/2026Senate
  3. Senate/ received enrolled bill from Printing

    3/13/2026Senate
  4. Senate/ enrolled bill to Printing

    3/11/2026Senate
  5. Enrolled Bill Returned to House or Senate

    3/11/2026
  6. Draft of Enrolled Bill Prepared

    3/6/2026
  7. Bill Received from Senate for Enrolling

    3/6/2026
  8. Senate/ signed by President/ sent for enrolling

    3/6/2026Senate
  9. Senate/ received from House

    3/6/2026Senate
  10. House/ to Senate

    3/5/2026House
  11. House/ signed by Speaker/ returned to Senate

    3/5/2026House
  12. House/ received from Senate

    3/5/2026House
  13. Senate/ to House

    3/5/2026Senate
  14. Senate/ concurs with House amendment

    3/5/2026Senate
  15. Senate/ placed on Concurrence Calendar

    3/4/2026Senate
  16. Senate/ received from House

    3/4/2026Senate
  17. House/ to Senate

    3/4/2026House
  18. House/ passed 3rd reading

    3/4/2026House
  19. House/ substituted

    3/4/2026House
  20. House/ 3rd reading

    3/4/2026House
  21. House/ 2nd reading

    3/4/2026House
  22. House/ Rules to 3rd Reading Calendar

    3/4/2026House
  23. House/ return to Rules due to fiscal impact

    2/26/2026House
  24. House/ committee report favorable

    2/26/2026House
  25. House Comm - Favorable Recommendation

    2/26/2026

Bill Text

  • Enrolled

    3/11/2026

  • Substitute #2

    3/4/2026

  • Substitute #1

    3/3/2026

  • Introduced

    1/22/2026

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