SB 111, as amended, Fuller. School facilities: military installations.
Existing federal law provides for construction funding assistance for elementary and secondary public schools that are located on United States military installations and that meet specified criteria.
This bill wouldbegin delete appropriate $61,000,000 from the General Fund to the State Department of Education forend deletebegin insert express the intent of the Legislature that assistance be provided to school districts inend insert the 2015-16 fiscal yearbegin delete for apportionment to school districtsend delete to meet the matching share requirement of a school construction grant made by the Office of
Economic Adjustment of the federal Department of Defense to construct, renovate, repair, or expand elementary and secondary public schools located on military installations.begin insert The bill would require the Department of Finance to explore options, including, but not necessarily limited to, making low-interest loans available to school districts through the California Infrastructure and Economic Development Bank, on how best to assist school districts in meeting the matching share requirement of the federal school construction grant referenced in the bill.end insert
Vote: majority.
Appropriation: begin deleteyes end deletebegin insertnoend insert.
Fiscal committee: yes.
State-mandated local program: no.
The people of the State of California do enact as follows:
begin deleteSixty-one million dollars ($61,000,000) is hereby begin insert(a)end insertbegin insert end insertbegin insertIt is
2appropriated from the General Fund to the State Department of
3Education for the 2015-16 fiscal year for apportionment end delete
4the intent of the Legislature that assistance be provided end insertto school
5districtsbegin insert in the 2015-16 fiscal yearend insert to meet the matching share
6requirement of a school construction grant made by the Office of
7Economic Adjustment of the federal
Department of Defense to
8construct, renovate, repair, or expand elementary and secondary
9public schools located on military installations.
10(b) The Department of Finance shall explore options on how
11best to assist school districts in meeting the matching share
12requirement of the federal school construction grant referenced
13in subdivision (a). These options shall include, but not necessarily
14be limited to, making low-interest loans available to school districts
15through the California Infrastructure and Economic Development
16Bank.
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