§ 97-sss. Charter schools stimulus fund. There is hereby established
in the joint custody of the comptroller and the commissioner of taxation
and finance a fund to be known as the charter schools stimulus fund.
Such fund shall consist of all monies made available pursuant to
appropriation for this purpose, all monies transferred to such fund
pursuant to law, and grants, gifts and devises and donations from any
public or private source. The purpose of such fund is to provide
discretionary financial support, including grants and loans to charter
school applicants and to charter schools for start-up costs and for
costs associated with the acquisition, renovation, or construction of
school facilities.