SCH BD-ELECTRIC SCH BUS GRANT

Amends the School Code. Provides that, subject to appropriation, beginning with the 2025-2026 school year, the State Board of Education shall award grant money in the form of a voucher of $125,000 to a school district that submits a grant application to the State Board to be applied on the total purchase price of an electric school bus to effectively lower the purchase price of the electric school bus to the school district. Sets forth eligibility requirements for a school district to receive a grant. Provides that the State Board of Education shall annually disseminate a request for applications for grants towards the purchase of a electric school bus grant and applications shall be accepted on an annual basis. Provides that if the appropriation for grants under this Section for a given fiscal year is less than the amount required to fund all applications for grants, the State Board of Education shall give priority to school districts designated as Tier 1 or Tier 2 that do not have any electric school buses. Sets forth the application requirements. Allows the State Board of Education to adopt any rules necessary for the implementation of the provisions. Effective immediately.