The Keep Our Schools Standing Bond Act of 2026 authorizes the issuance of $50 billion in North Carolina Education Bonds to fund public school capital.
The Keep Our Schools Standing Bond Act of 2026 allows the issuance of $50 billion in North Carolina Education Bonds to finance public school capital outlay projects. These projects include new construction, renovation, and repairs of existing facilities, technology infrastructure, and security measures. The bonds will be general obligation bonds, secured by the state's faith and credit and taxing power. The proceeds will be allocated to counties based on factors such as average daily membership and facility age.
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