Loading chat...
ND SB2149
Bill
Status
3/24/2025
Primary Sponsor
Donald Schaible
Click for details
AI Summary
-
Creates a separate loan pathway for school construction projects on air force bases, requiring federal authorizations and funding commitments instead of the standard bond election process
-
Designates $20 million from the school construction assistance revolving loan fund specifically for air force base school construction matching funds, available until June 30, 2027, or until a loan is made
-
Sets maximum loan amounts for air force base projects at the lesser of 20% of project cost or $20 million
-
Removes outdated provisions allowing districts to apply for additional funding on loans approved between January 1, 2021, and June 30, 2024
-
Declared an emergency measure; passed unanimously in both chambers (Senate 46-0, House 93-0)
Legislative Description
The school construction assistance revolving loan fund; and to declare an emergency.
Last Action
Filed with Secretary Of State 03/25
3/26/2025