amend permissible uses of a school district's capital outlay fund.

Summary

The bill expands what a school district’s capital outlay fund can be used for, adding items like textbooks, instructional software, warranties on capital assets, and up to 15% of transportation or mileage costs. It also lets districts move up to 45% of the tax revenue deposited in the fund to the general fund. These changes affect school boards and the way districts finance facilities and equipment.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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