Amends the Elementary and Secondary Education Act to change how federal charter school grant funds are allocated and to add new supports for people starting and authorizing charter schools. It requires State entities to provide technical assistance, authorizes discretionary revolving loan or facility assistance, and creates pre-charter planning subgrants of up to $100,000 for eligible charter developers who meet specified experience and planning criteria. The amendment also adjusts certain percentage set‑asides and updates cross‑references in the statute.