AB 1604 Summary

• Clarifies admission preferences for charter schools receiving Charter School Facility Grant Program funds, including provisions for dual immersion programs, with changes incorporated during next charter renewal cycle rather than as material revisions.

• Requires charter schools to identify school type, confirm classroom-based status, and provide nonprofit organization documentation in grant applications; mandates California School Finance Authority update regulations before 2025–26 funding round.

• Establishes new restrictions on sale or lease of educational facilities purchased with substantial grant funding, requiring properties be offered first to public entities and educational organizations for at least 5 years before sale to other parties.

• Requires charter schools to repay Charter School Facility Grant Program funds received within 10 years if facility is sold within that period to non-qualifying entities and proceeds aren't used for California capital outlay.

• Mandates charter schools in conduit financing programs notify bond issuers when closing, vacating, or selling financed facilities, and provide annual status reports on vacant buildings with outstanding bonds.