The Joint Fiscal Committee voted Thursday to approve the funding.
Committee Chairman Rep. Ken Weyler said the state Board of Education should life the moratorium. The board has not changed its decision, saying the money is only for schools already in operation; it does not change the funding issues facing new charter schools.
Board Chairman Tom Raffio said the board will not hear any charter applications until the new Legislature takes over and is able to show there will be sufficient money to fund new schools.
The governor and Executive Council still need to approve the aid.