AN ACT AUTHORIZING AND ADJUSTING BONDS OF THE STATE AND CONCERNING GRANT PROGRAMS, STATE GRANT COMMITMENTS FOR SCHOOL BUILDING PROJECTS, REVISIONS TO THE SCHOOL BUILDING PROJECTS STATUTES AND VARIOUS PROVISIONS REVISING AND IMPLEMENTING THE BUDGET FOR THE BIENNIUM ENDING JUNE 30, 2027.

HB 7288 authorizes the state to adjust its bond issuance and updates school building grant programs for the 2025-2027 budget cycle. It directly affects state agencies managing bonds and school districts receiving funding for construction projects. Key provisions include revising statutes governing school building grants, adjusting state bond commitments, and implementing the state's budget for the upcoming biennium. The bill was signed into law on June 30, 2025, after passing both legislative chambers.