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HB 212: "An Act relating to funding for school construction and major maintenance; and relating to the regional educational attendance area and small municipal school district fund."

00 HOUSE BILL NO. 212 01 "An Act relating to funding for school construction and major maintenance; and 02 relating to the regional educational attendance area and small municipal school district 03 fund." 04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 05 * Section 1. AS 14.11.013 is amended by adding a new subsection to read: 06 (f) The six-year capital improvement project grant schedule required under this 07 section must include a list for projects funded under AS 14.11.025 and a list for all 08 other projects. 09 * Sec. 2. AS 14.11.030(a) is amended to read: 10 (a) The regional educational attendance area and small municipal school 11 district school fund is created as an account in the general fund to be used, in addition 12 to other funding sources, to fund projects approved under AS 14.11.025 for the costs 13 of school construction and major maintenance in regional educational attendance 14 areas and small municipal school districts.

01 * Sec. 3. AS 14.11.035 is amended to read: 02 Sec. 14.11.035. Report on school construction and major maintenance 03 funding. Every [BEGINNING IN] February [2013], the department shall provide to 04 the governor and the legislature an annual report on the effectiveness of the school 05 construction and major maintenance grants, state aid for school construction and 06 major maintenance in regional educational attendance areas, and state aid for costs of 07 school construction debt under this chapter. The report must include an analysis of 08 funding sources and the short-term and long-term fiscal effects of the funding on the 09 state. Copies of the report shall be made available to the public and to the legislature.