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Bill > HB0020


WY HB0020

WY HB0020
K-12 school facility leasing.


summary

Introduced
01/17/2025
In Committee
02/24/2025
Crossed Over
01/27/2025
Passed
02/26/2025
Dead
Signed/Enacted/Adopted
03/03/2025

Introduced Session

2025 General Session

Bill Summary

AN ACT relating to K-12 school facility leasing; modifying payment for lease agreements for K-12 school facilities; and providing for an effective date.

AI Summary

This bill modifies the rules for lease agreements involving K-12 school facilities in Wyoming, specifically changing how lease payments are calculated and managed. The bill adjusts the language around lease reimbursements to state that payments for leased buildings will now be equal to the lesser of the total lease agreement amount or the average cost per square foot for comparable educational facilities, multiplied by the allowable square feet needed to deliver the required educational program. It requires lease agreements to separately identify and account for major maintenance expenses, ensuring these funds can only be used for building maintenance and cannot be transferred or spent on other purposes. The bill also maintains that no maintenance expenditures can be made without district or charter school approval, and allows districts or charter schools to request a review of maintenance expenses by the state construction department's school facilities division. The changes aim to provide more clarity and oversight in how school districts and charter schools lease and maintain educational facilities, with the provisions set to take effect on July 1, 2025.

Committee Categories

Education

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Select School Facilities (Other)

Last Action

Assigned Chapter Number 89 (on 03/03/2025)

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