Section 26-2606-J - Project reimbursement.(a) General rule.--The Commonwealth shall reimburse a school entity that receives department approval on an application under section 2602-J(a)(3) by the amount calculated as follows: (1) Multiply the base reimbursement amount by the adjustment factor.(2) Multiply the product under paragraph (1) by the lesser of the project's enrollment and full-time equivalent building capacity.(3) Multiply the product under paragraph (2) by the school entity's wealth factor.(b) Limitation.--The maximum payment under this section shall not exceed 65% of a project's structural cost.(c)Installment payments.--A school entity shall receive equal payments over 20 years totaling the amount determined for reimbursement under subsections (a) and (b).(d)Adjustment factor.--Beginning July 1, 2020, the adjustment factor shall be zero.Added by P.L. TBD 2019 No. 70, § 1, eff. 7/1/2020.