1. (1) The state board shall make rules, in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, to establish a process for school districts to submit to the panel proposals for funding for capital development projects under this chapter, including:

   1. (a) the panel's review, prioritization, and recommendation to the state board;
   2. (b) the state board's consideration and approval, if applicable, of proposed capital development projects; and
   3. (c) management of panel processes and administration.
2. (2) The state board may fund direct costs and administration of the panel, not to exceed $200,000.

3. (3) The state board shall:

   1. (a) evaluate recommendations of the panel regarding proposed capital development projects;
   2. (b) approve proposed capital development projects, subject to the availability of capital development funding; and
   3. (c) oversee the disbursement of capital development funding.

Enacted by Chapter 407, 2022 General Session