UT HB0241

Charter schools gain equal rights with cities, towns, and counties to purchase decommissioned school district buildings and surplus property at fair market value, with school districts required to provide 90 days notice before any sale

Charter schools that purchase property under this process face resale restrictions: the originating school district gets first right to repurchase at original price plus improvements, and any profit from subsequent sales must be split equally with the district

Charter school governing board members must take an oath of office swearing to support the U.S. and Utah constitutions and discharge duties with fidelity, with records maintained by the school

The Charter School Revolving Account transitions to a new Charter School Revolving Fund on July 1, 2026, administered by the Utah Charter Finance Authority with loans up to $1,000,000 for facility additions or up to 25% of requested amounts for new construction

The bill explicitly clarifies that charter schools are public schools for all purposes under Utah law, including eligibility for public funding, access to public facilities, and participation in public school programs