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Senate Bill No. 704

May 9 Special Session, Public Act No. 02-6

AN ACT CONCERNING TECHNICAL CORRECTIONS TO CERTAIN BOND AUTHORIZATIONS FOR CAPITAL IMPROVEMENTS, AND INTERDISTRICT MAGNET SCHOOLS.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. Subsection (d) of section 10-283 of the general statutes, as amended by section 8 of public act 02-5 of the May 9 special session, is repealed and the following is substituted in lieu thereof (Effective from passage):

(d) No application for a school building project shall be accepted by the commissioner on or after July 1, 2002, unless the applicant has secured funding authorization for the local share of the project costs prior to application. [For applications filed before July 1, 2002, for inclusion on the listing of projects to be submitted to the Governor and General Assembly in December, 2002, pursuant to this section, no project shall be included on such listing unless the applicant has secured local funding authorization prior to December 1, 2002. ] The reimbursement percentage for a project covered by this subsection shall reflect the rates in effect during the fiscal year in which such local funding authorization is secured.

Sec. 2. Subsection (a) of section 10-264h of the general statutes, as amended by section 7 of public act 02-5 of the May 9 special session, is repealed and the following is substituted in lieu thereof (Effective July 1, 2002):

(a) For the fiscal year ending June 30, 1996, until the fiscal year ending June 30, [2002] 2003, a local or regional board of education, regional educational service center or a cooperative arrangement pursuant to section 10-158a for purposes of an interdistrict magnet school may be eligible for reimbursement up to the full reasonable cost of any capital expenditure for the purchase, construction, extension, replacement, leasing or major alteration of interdistrict magnet school facilities, including any expenditure for the purchase of equipment, in accordance with this section. For the fiscal year ending June 30, [2003] 2004, and each fiscal year thereafter, such entities may be eligible for reimbursement up to ninety-five per cent of such cost. To be eligible for reimbursement under this section a magnet school construction project shall meet the requirements for a school building project established in chapter 173, except that the Commissioner of Education may waive any requirement in such chapter for good cause. On and after July 1, 1997, the commissioner shall approve only applications for reimbursement under this section that he finds will reduce racial, ethnic and economic isolation.

Approved August 15, 2002