(1) Creates the state educational facilities repair and maintenance special fund to eliminate the backlog of school repair and maintenance projects existing on June 30, 2000;

(2) Requires a sum total of $60,000,000 in general obligation bonds or general excise tax revenues, or both, to be deposited in each fiscal year to the credit of the state educational facilities repair and maintenance special fund, beginning July 1, 2001, and ending on June 30, 2010;

(3) Authorizes the issuance of $60,000,000 in general obligation bonds, and makes an appropriation, for fiscal year 2001-2002, for the state educational facilities repair and maintenance special fund;

(4) Creates the school physical plant operations and maintenance special fund for school repairs and preventive maintenance projects scheduled after June 30, 2001;

(5) Requires an amount of general excise tax revenues equal to at least two per cent of physical plant replacement costs, to be deposited in each fiscal year to the credit of the school physical plant operations and maintenance special fund;

(6) Authorizes the issuance of $34,800,000 in general obligation bonds, and makes an appropriation, for fiscal year 2001-2002, for the school physical plant operations and maintenance special fund;

(7) Exempts expenditures of moneys from the state educational facilities repair and maintenance special fund and the school physical plant operations and maintenance special fund, for any project with an estimated total cost of less than $100,000, from the Hawaii Public Procurement Code;

(8) Requires the Department of Accounting and General Services to prepare a six-year program and financial plan based on, among other things, estimated preventive and scheduled maintenance costs, and budgeted recurring maintenance, health and safety requirements, and legal mandates;

(9) Requires the Department of Education to establish eighteen permanent full-time equivalent business and fiscal officer positions, among other things, to coordinate physical plant operations and maintenance activities with the Department of Accounting and General Services;

(10) Appropriates an unspecified sum to the Department of Education for fiscal year 2001-2002, for the establishment of the abovementioned business and fiscal officer positions;

(11) Allows the Department of Education to accept donated repair and maintenance services and materials, including money to purchase these services and materials, on behalf of the Department, individual schools, or school complexes;

(12) Allows the Department of Education to enter into agreements with any federal agency to construct, repair, or renovate Hawaii public schools on military bases and elsewhere in the State using federal funds;

(13) Raises the statutory cap on school-level minor repairs and maintenance accounts from $8,000 per school to $25,000 per school;

(14) Requires a school's principal and the business and fiscal officer to consider the recommendations made by, among other groups, the school/community-based management council, if there is such a council at the school; or the local school board, if the school is a new century charter school;

(15) Appropriates the sum of $168,704 to the Department of Accounting and General Services for fiscal year 2001-2002, for the establishment of five positions to coordinate statewide Department of Education repair requirements and to work with the Department of Education to identify, prioritize, and maintain historical repair records; and

(16) Appropriates the sum of $350,000 to the Department of Accounting and General Services for fiscal year 2002-2003, to contract consultant services to integrate repair and maintenance databases that exist within the Department of Accounting and General Services' central services and public works divisions as well as the Department of Education.

(1) Requiring the state educational facilities repair and maintenance special fund and the school physical plant operations and maintenance special fund to be funded solely from legislative appropriations;

(2) Deleting all provisions concerning general excise tax remittances and the issuance of general obligation bonds;

(3) Deleting the appropriation for business and fiscal officer positions;

(4) Deleting the appropriation for positions to coordinate statewide Department of Education repair requirements and to work with the Department of Education to identify, prioritize, and maintain historical repair records;

(5) Deleting the appropriation for contract consultant services to integrate repair and maintenance databases within the Department of Accounting and General Services and the Department of Education; and

(6) Making technical nonsubstantive changes for purposes of clarity and style.