Relating to borrowing for capital costs of school districts; appropriating money; declaring an emergency.
Catchline/Summary:
Directs State Department of Energy, in consultation with Superintendent of Public Instruction, to establish and administer program to provide matching grants or loans to public schools for energy efficient and sustainable construction, remodeling and renovation. Directs State Department of Energy, in consultation with Superintendent of Public Instruction, to establish and administer program to provide matching grants or loans to public schools for energy efficient and sustainable construction, remodeling and renovation.
Authorizes issuance of Article XI-P bonds for capital costs of school districts.
Establishes Cool Schools Capital Matching Fund. Establishes Article XI-P Cool Schools Bond Fund and Article XI-P Cool Schools Bond Administration Fund. Continuously appropriates moneys from funds to State Department of Energy to administer cool schools program and to administer and pay bonds.
Declares emergency, effective on passage.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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SB 843 Senate Committee On Business, Transportation and Economic Development
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