[Stats. 1999, Chapter 178
(AB 562, Cardenas)]

Amends Section 17072.25 of the Education Code

The new law specifies the conditions under which the State Allocation Board must use a priority ranking mechanism to fund new school construction projects. The Board will no longer use a "first come, first serve" process. Priority rankings must be established if at least one of the following conditions is met: (1) total funds available for allocation are insufficient to fund all approved projects, or (2) after July 1, 2000, $300 million in bond funds for new construction remain unallocated.