HB 18-1277

HB 18-1277, also known as the BEST Building Excellent Schools Today Financial Assistance Grant Application Requirements, is a bill that updates how schools apply for grants to build or expand facilities. Starting from fiscal year 2019-2020, school districts applying for these grants must include plans on what will happen to any existing buildings they no longer need if the grant is approved. This affects public schools seeking financial assistance for construction projects. The bill has been signed into law, meaning that it now requires applicants to provide this additional information when requesting grants from the Public School Capital Construction Assistance Board.

Official Summary

Capital Development Committee. Beginning with the state fiscal year 2019-20 grant cycle, the bill requires an application made to the public school capital construction assistance board under the 'Building Excellent Schools Today Act' for a grant of financial assistance that is for either the construction of a new public school facility that will replace one or more existing public school facilities or the reconstruction or expansion of an existing public school facility to include a plan for the future use or disposition of any existing public school facility that the applicant will stop using for its current use if it receives the grant.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More

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