An Act amending the act of March 10, 1949 (P.L.30, No.14), known as the Public School Code of 1949, in charter schools, further providing for funding for charter schools and for funding for cyber charter schools.

This bill updates Pennsylvania's Public School Code to clarify how state funding is distributed to charter and cyber charter schools. It establishes a specific formula where local school districts must pay charter schools based on the per-student cost of operating the district's own programs, adjusted annually by wage and employment cost indices. The legislation also sets up a process where the state education secretary can deduct unpaid amounts from a district's state funds if the district fails to pay the charter school on time. These changes aim to ensure that charter schools receive consistent and predictable funding from the districts where their students reside.