Assembly Bill 1181 proposes changes to the revenue limit adjustments for school districts in Wisconsin regarding energy efficiency projects. The bill repeals the existing restriction that only allows school boards to adopt resolutions to exceed revenue limits for energy efficiency projects if they were adopted before January 1, 2018, or after December 30, 2018. This change allows school districts to increase their revenue limit by the amount spent on energy efficiency projects at any time after the bill becomes law. Additionally, the bill modifies the criteria for qualifying energy efficiency projects by removing the requirement that they must ensure compliance with state or local building codes.

Furthermore, the bill renumbers and amends existing legal language to clarify that energy efficiency projects must result in reduced energy or operational costs, and it introduces a new provision stating that if a school board issues a bond or note or obtains a state trust fund loan to finance such a project, the resolution adopted will remain valid for each school year in which debt service is paid. The bill aims to provide greater flexibility for school districts to invest in energy efficiency measures, thereby potentially reducing long-term operational costs.

Statutes affected:
Bill Text: 121.91(4)(o)4, 121.91