Today's Law As Amended

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SB-111 School facilities: military installations.(2015-2016)

As Amends the Law Today
As Amends the Law on Nov 20, 2015

 (a) It is the intent of the Legislature that assistance be provided to school districts in the 2015–16 fiscal year 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.
(b) The Department of Finance shall explore options on how best to assist school districts in meeting the matching share requirement of the federal school construction grant referenced in subdivision (a). These options shall include, but not necessarily be limited to, making low-interest loans available to school districts through the California Infrastructure and Economic Development Bank.