Revises how federal grants for high-quality charter schools are structured and used by amending the Elementary and Secondary Education Act. It adds new state responsibilities (technical assistance, fiscal-oversight support, and optional loan/facility assistance), creates pre-charter planning subgrants of up to $100,000 for eligible developers and school leaders, and changes how grant funds are allocated among activities.

The changes tighten eligibility and use rules for start-up supports, shift some responsibilities to State educational agencies, and adjust funding percentages and internal cross-references in the statute.