SCH CONSTRUCTION-GRANT INDEX

Amends the School Construction Law. Provides that for school districts that have consolidated or approved a cooperative high school within a prior fiscal year, the grant index shall be calculated for each of those school districts that form the new school district or cooperative high school. Provides that whichever grant index is the highest shall be used as the grant index for the newly consolidated school district or approved cooperative high school. In a provision concerning the priority of school construction projects, adds 2 categories of capital needs and reorders the priority of the remaining categories of capital needs. Makes a related change. Effective immediately.