Enacts GS 115C-218.41, establishing the Charter School Transportation Grant Program (Program) to award grant funds to eligible charter schools for the reimbursement of up to 65% of the eligible student transportation costs incurred by the school in accordance with the statute's provisions. Defines eligible student transportation costs. Details program eligibility, applications, and the award of funds. Caps grants under the Program at $100,000. Requires the Department of Public Instruction to annually report to the specified NCGA Committees and Division on the administration of the Program. Details the required content of the report. Appropriates $2.5 million in recurring funds from the General Fund to the Department of Public Instruction for the 2019-20 fiscal year to operate the Program. Effective July 1, 2019. Applies beginning with the 2019-20 school year.