From the Associated Press:

Public school districts in Montana and five other Western states could issue interest-free bonds to pay for renewable energy projects under legislation announced Tuesday by Senate Minority Leader Harry Reid, D-Nev.

The Renewable Schools Energy Act of 2006 would allow Nevada school districts to issue $90 million in the zero-interest bonds. Arizona and Utah could issue $60 million each, and Montana, Idaho and Colorado could sell $30 million each.

School districts would compete for a share of the bond-issuing authority. The money could be spent on projects such as solar panels or wind turbines, which could cut utility bills in growing school districts while teaching students about alternative energy sources.