Sacramento— Assemblyman Curt Hagman’s (R- Chino Hills) AB 308 passed the Assembly floor with a 74-0 vote.
“Assembly Bill 308 is a pragmatic approach to establish a more efficient and sustainable system for school facility funding,” said Assemblyman Hagman. “This bill ensures that money allocated from the state goes to initial funding purposes while creating more opportunity for other educational institutions,” Hagman added.
Given the state’s lack of school construction bond funds and the need for billions of dollars in school facilities funding, it is prudent to enact legislation that requires school districts, charter schools and county offices of education who sell facilities constructed or modernized with state school facility funds to return a portion of this money to the state. Assembly Bill 308 would authorize the State Allocation Board to construct such a program.