California Education Code

§ 17039

EDC § 17039 Effective Jan 1, 1997Div. 1 · Title 1 · Part 10 · Ch. 12 · Art. 2

Statute text

(a)Not more than one hundred fifty million dollars ($150,000,000) of the moneys authorized by the State School Building Lease-Purchase Bond Law of 1982 (Sec. 34, Ch. 552, Stats. 1995) shall be reserved for the reconstruction or modernization of facilities within the meaning of this chapter.

(b)For purposes of this section, the State Allocation Board shall establish a separate priority system which shall be based on the following factors and any other factors which the board determines are appropriate:

(1)Structural condition and age of the building.

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Legislative history

Added by Stats. 1996, Ch. 277, Sec. 2. Effective January 1, 1997. Operative January 1, 1998.