Synopsis As Introduced Amends the School Construction Law. Requires the Capital Development Board to establish a written procedure for disbursement of school construction project grant funds, which shall incorporate the requirement that school construction projects of school districts that do not receive a school construction project grant award in a fiscal year due to lack of adequate appropriations shall be placed ahead of any new school construction projects that are approved for grant awards in following fiscal years. Provides that the Capital Development Board may not, under any circumstances, deviate from this procedure for disbursement. Makes a related change in a provision concerning carry-over projects.
Deletes everything after the enacting clause. Amends the School Construction Law. Prohibits a grant index from being recalculated when a school district has received its entitlement, but the State has failed to appropriate sufficient funding. Provides that the prohibition applies to those entitlements obtained in fiscal year 2002 or thereafter. Effective immediately.