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MN SF4553

Bill

Status

Introduced

3/4/2024

Primary Sponsor

Grant Hauschild

Click for details

Origin

Senate

93rd Legislature 2023-2024

AI Summary

  • Authorizes energy efficiency projects as an approved use under the long-term facilities maintenance revenue program, with school districts required to document costs and benefits to the commissioner of education.

  • Adds energy efficiency projects to the calculation of long-term facilities maintenance revenue effective for fiscal year 2026 and later.

  • Removes the prohibition on using capital grants and loans for heating system improvements, effective July 1, 2024.

  • Maintains existing restrictions on long-term facilities maintenance revenue prohibiting use for new construction, lease purchases, postsecondary facilities, and violence prevention devices.

  • School districts must meet documentation requirements specified by the commissioner to qualify for energy efficiency project funding under either calculation method for long-term facilities maintenance revenue.

Legislative Description

Energy efficiency projects under the long-term facilities maintenance revenue program authorization; maximum effort capital loan program restriction removal

Last Action

Author added Eichorn

4/11/2024

Committee Referrals

Education Finance3/4/2024

Full Bill Text

No bill text available