The bill amends existing laws related to K-12 public school facilities in Wyoming, specifically addressing the use of funds generated by the foundation program. It introduces a new subsection in W.S. 21-13-307 that explicitly prohibits school districts from transferring or expending foundation program funds for capital construction, major building repairs, or facility replacements. Additionally, it establishes that any funds transferred to a special reserve fund cannot be used for major building and facility repairs or replacements. The bill also modifies W.S. 21-15-109(f) to clarify that districts may not use funds distributed for maintenance of district enhancements, ensuring that these funds are strictly allocated for specified building and facility needs.

The legislation aims to ensure that state funds are used appropriately and not diverted to enhancements or capital projects that fall outside the intended scope of the foundation program. By implementing these restrictions, the bill seeks to maintain the integrity of funding for essential educational infrastructure while providing clear guidelines for school districts on the permissible use of these funds. The act is set to take effect immediately upon completion of the necessary legislative processes.

Statutes affected:
Introduced: 21-13-307, 21-13-504, 21-15-109