The California Assembly voted unanimously Monday to advance a bill to clear up legal concerns that have prevented the issuance of more than $770 million of qualified school construction bonds.

Federal stimulus legislation authorized $11 billion of QSCBs, including $773.5 million for the state government to allocate. The California Department of Education allocated $700 million to local school districts through a lottery, while the California School Financing Authority was charged with distributing the remaining $73.5 million in allocation to charter schools.

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