Appropriates $5.71 billion in non-recurring funds from the General Fund to the Department of Public Instruction (DPI) for the 2023-2024 fiscal year to be allocated to local school administrative units to make the following improvements:
(1) $1.31 billion allocated to make energy efficient improvements to school buildings, such as weatherizing doors/windows, insulating pipes, installing energy efficient lighting, upgrading HVAC systems, upgrading water systems, installing building management systems, upgrading plug load management systems, and upgrading electric water coolers;
(2) $2 billion allocated to install solar panels on school buildings and make necessary roof repairs related to solar panel installation; and
(3) $2.4 billion allocated to replace qualifying school buses (buses that are 10 years or older by model year and that run on motor fuel in whole or in part) with electric school buses assembled in North Carolina.
Effective July 1, 2023.