§ 3444.
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/vt/title-16/chapter-123/3444A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 3444. School Construction Aid Special Fund [Effective July 1, 2026]
(a)Creation. There is created the School Construction Aid Special Fund, to be administered by the Agency of Education. Monies in the Fund shall be used for the purposes of:
(1)awarding aid to school construction projects under section 3445 of this title;
(2)awarding grants through the Facilities Master Plan Grant Program established in section 3441 of this title;
(3)funding administrative costs of the State Aid for School Construction Program; and
(4)awarding emergency aid under section 3445 of this title.
(b)Funds. The Fund shall consist of:
(1)any amounts transferred or appropriated to it by the General Assembly; and
(2)any interest earned by the Fund. (Added 2025, No. 73, § 16, eff. July 1, 2026.)