A bill for an act relating to payments to charter schools by a school district of residence for students enrolled in a charter school, and including effective date provisions.

This bill changes how Iowa school districts fund charter schools for students living in their district. It requires school districts to pay charter schools an additional amount for "teacher salary supplement" per student, on top of existing funding formulas. This directly affects charter schools and school districts of residence, increasing the total state funding they receive per enrolled student. The change applies to all charter school students for school budget years starting July 1, 2025, and takes effect immediately upon enactment.