Plain English Breakdown
The official source material does not mention residents benefiting directly from the bill.
Act Allowing State Bonds for Generator Installation
This act allows the state to issue bonds up to $700,000 to help Regional School District Number 8 install a generator needed for a regional shelter.
What This Bill Does
- Allows the State Bond Commission to issue bonds of up to $700,000.
- Uses bond proceeds to fund a grant-in-aid for Regional School District Number 8.
- The funds are used specifically to complete the installation of a generator.
Who It Names or Affects
- Regional School District Number 8
Terms To Know
- Grant-in-aid
- Money given by the government to help a specific project or organization.
- State Bond Commission
- A group that decides if and how much money can be borrowed for state projects.
Limits and Unknowns
- The bill does not specify when the bonds will be issued.
- It is unclear what happens if the funds are insufficient or exceed the budget.