AB 224
Provides for the issuance of bonds to assist certain school districts in financing capital improvements. (BDR S-688)
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Sign in to take action- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill authorizes the State Board of Finance to issue $100 million in general obligation bonds to support capital improvement projects in Nevada’s schools. The funds raised through these bonds will be used to provide grants to school districts located in counties with populations under 15,000. These grants are intended to help districts address critical needs like building repairs, facility upgrades, or new construction, particularly when renovation costs exceed the expense of building anew.
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