FINAL BILL REPORT
SSB 6515
C 275 L 02
Synopsis as Enacted
Brief Description: Allowing the school district capital projects fund to provide for costs associated with implementing technology systems.
Sponsors: Senate Committee on Education (originally sponsored by Senators McAuliffe, Finkbeiner, B. Sheldon, Carlson, Kohl‑Welles, Shin, Kastama, Jacobsen, Fraser, Fairley, Winsley, Oke and Rasmussen).
Senate Committee on Education
House Committee on Education
House Committee on Capital Budget
Background: Under current law, school districts must establish capital projects funds for major capital purposes. Sources of revenue for capital projects funds include bond proceeds, proceeds from excess levies, state apportionment proceeds, earnings from certain investments, rental and lease proceeds, and proceeds from the sale of real property. Some of the permitted uses of capital projects funds include erecting buildings, purchasing equipment for buildings, structural changes and additions, major renovations, and energy capital improvements.
Summary: The law is clarified to allow that capital projects funds may be used by school districts to pay the costs of implementing technology systems, facilities, and projects.
Votes on Final Passage:
Senate430
House950(House amended)
Senate440(Senate concurred)
Effective: June 13, 2002