Concerning school district transportation vehicle funds.
Effective date 6/11/2026.
Summary
The bill lets school districts that are under binding financial conditions or enhanced oversight take short‑term, interest‑free loans from their capital projects or transportation vehicle funds, provided they repay within a year. It also defines a transportation vehicle fund that can be used for buying, repairing, or converting buses to electric or zero‑emission vehicles. These changes aim to give financially distressed districts flexibility while promoting greener student transportation.
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