Establishing a public school revolving fund. (REVISED FOR ENGROSSED: Establishing a school modernization loan program.)
Summary
Establishes a modernization loan program for school districts and state-tribal education compact schools with significant building system deficiencies.
Directs the Office of the Superintendent of Public Instruction (OSPI), in coordination with the Office of the State Treasurer, to administer the program.
Establishes a seven-member advisory committee to assist the OSPI in designing the loan application process, developing the prioritization criteria, and evaluating grant applications.
From the Engrossed House Bill Report (ESB 5344), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not passDid not pass · passed Senate, stalled in House