HB 1229 - DIGEST

(AS OF HOUSE 2ND READING 3/05/03)

Provides that the board of directors of a second class school district may authorize the construction of teachers' cottages using funds from the district's capital projects fund or general fund. Rental and other income from the cottages, including sale of the cottages, may be deposited, in whole or in part, into the school district's general fund, debt service fund, or capital projects fund as determined by the board of directors.