| SB 0189 | Schools May Transfer and Expend Operating Funds For Repay- ment of Energy Efficiency Project Costs |
| Sponsor: | Caskey | |||
| LR Number: | S0841.02P | Fiscal Note: | 0841-02 | |
| Committee: | LGED | |||
| Last Action: | 04/08/97 - Voted Do Pass H Education-Elem. & Sec. Committee | Journal page: | ||
| Title: | SCS/SB 189 | |||
| Effective Date: | August 28, 1997 | |||
SCS/SB 189 - School districts are allowed to transfer money from the teacher's and incidental funds to the capital projects fund to repay the cost of renovations which guarantee energy savings. No repayment shall be required from the school district until at least an equal total amount of energy and energy-related operating savings and payments from the vendor pursuant to the contract have been realized by the school district.
A similar provision is also in HB 604 (TAT) from 1997.
JOAN GUMMELS