Bill > H0608

This bill amends existing law to revise provisions regarding the Public School Facilities Cooperative Funding Program, which helps qualifying school districts address unsafe facilities. Key changes include clarifying eligibility for districts that have attempted to pass bond or plant facility levies for repairs, allowing for modifications to approved project plans, and adjusting how a school district's share of project costs is calculated and repaid, including provisions for simple interest on unpaid balances and the potential extension of repayment periods if payments are not made on time. The bill also includes an emergency clause, making its provisions effective retroactively to June 1, 2025.