Bill > S296

This bill aims to promote equity in school building assistance and ensure that best practice incentives are available for all school building projects. The key provisions are: 1. The bill amends the existing school building assistance program to require that grants and financial assistance be guided by principles of equity and address historic patterns of injustice and inequity. 2. The bill adds a new subsection to the existing law, which states that for approved school projects where the combined factors (Base Percentage, Community Income Factor, Community Property Wealth Factor, and Community Poverty Factor) equal 63% or more, the project will be awarded additional incentive percentage points, and the reimbursement percentage may exceed 80%. This legislation aims to address disparities in school infrastructure funding and ensure that high-need communities have access to enhanced financial support and incentives for school building projects.

Education

https://malegislature.gov/Bills/192/S296