An act relating to school districts pursuing school construction projects during the moratorium on State aid

This bill (H 750) changes how Vermont school districts calculate "excess spending" for state funding purposes. It excludes capital construction costs from the definition of "education spending," meaning these costs won't count toward limits on district budgets. The bill also allows school districts that begin construction before July 1, 2026, to be considered as having "good cause" even without final state approval for their projects. These changes take effect immediately for the spending definition and July 1, 2026, for the construction approval provision. The bill directly affects school districts planning or starting construction projects during the state's moratorium on approving new construction aid.