Relates to the financing of charter schools

This bill modifies how school districts receive state funding for charter school tuition. It requires districts to be paid annually based on charter school tuition costs from specific past years (2014-2017 and later), with smaller districts (under 1 million population) getting immediate payments for 2025-2026 expenses. Large city districts (over 1 million population) face a $35 million annual reduction in funding for 2020-2021 and 2023-2024 if they received corresponding American Rescue Plan Act (ARPA) emergency relief funds. A new section creates a system where districts get funding equal to their current year charter tuition payments minus those from 2025-2026.