SF 2576 Minnesota Senate · 2025-2026 Regular Session

Building lease aid for charter school provision

This bill creates a state funding program to help Minnesota charter schools cover building lease costs when their regular operating funds are insufficient. It allows charter schools to apply for "building lease aid" to pay for rented facilities, with the commissioner reviewing applications based on market rates, legal compliance, and financial need. The aid is capped at 90% of the lease cost or $1,606 per student unit (whichever is lower), must exclude maintenance/utilities, and requires leases to include a closure clause ending obligations if the school's charter expires. The program directly affects charter schools seeking affordable facilities, with annual adjustments tied to state education funding changes.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 17, 2025 Last action Feb 17, 2026
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Total actions
4
Key actions
0
Committee
1
Mar 17, 2025
Committee
Referred to Education Finance
upper
Mar 17, 2025
Introduced
Introduction and first reading
upper
1 primary · 1 co-sponsor

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