In this section the following words have the meanings indicated. “Educational facilities sufficiency standards” means a uniform set of criteria and measures for evaluating the physical attributes and educational suitability of public elementary and secondary school facilities in the State. “Facility condition index” means a calculation to determine the relative physical condition of public school facilities by dividing the total repair cost of a facility by the total replacement cost of a facility. Each fiscal year, the Interagency Commission shall conduct a maintenance effectiveness assessment on school buildings identified by the Department. The Interagency Commission shall include in the assessment of individual school buildings a process to incorporate maintenance data for individual school buildings. The Interagency Commission shall conduct a statewide facilities assessment of individual school buildings. The Interagency Commission shall include in the assessment of individual school buildings a process for a local education agency to report, at least once every 4 years in accordance with a schedule developed by the Interagency Commission, additional information that is relevant to the assessment, including a place in the Master Facility Asset Library System for the local education agency to: Report, in accordance with the schedule developed by the Interagency Commission, to the Interagency Commission on deficiencies in a school building, even if an assessment of the school building was not completed in accordance with this paragraph in the immediately preceding year; Identify spaces in a school building likely to have been painted with lead paint; and Report certification of the Asbestos Hazard Emergency Response Act plan for the space. The statewide facilities assessment shall include data provided by local education agencies, at least once every 4 years in accordance with the schedule developed by the Interagency Commission, on the following items for each school building: Temperature; Humidity; Carbon dioxide level; Acoustic levels; Lead paint; Asbestos; Kitchen sanitary equipment; Lighting; Emergency communication system, with respect to remaining useful life; Health room attributes; Safety equipment in each laboratory space; and The functionality of: Heating, ventilation, and air–conditioning building systems; Life safety building systems; Roofs; and Any additional critical building systems identified by the Interagency Commission. During an inspection conducted as a part of the statewide facilities assessment, if an item under subparagraph (iii)1 through 6 of this paragraph rises to such a severe level that requires the school to be closed, the local education agency shall submit a plan to the Interagency Commission on how to address the issue and the Interagency Commission shall work to prioritize funding to address the issue. On or before October 1 each year, the Interagency Commission shall report to the Governor and, in accordance with § 2–1257 of the State Government Article, the General Assembly on the results of the maintenance effectiveness assessment for the immediately preceding fiscal year. On or before November 1 each year, the Interagency Commission shall report to the Governor and, in accordance with § 2–1257 of the State Government Article, the General Assembly on the results of the statewide facilities assessment for the immediately preceding fiscal year. On or before July 1, 2018, in consultation with local education agencies, the Interagency Commission on School Construction shall adopt educational facilities sufficiency standards and a facility condition index for Maryland public schools. The purpose of the educational facilities sufficiency standards is to establish uniform standards for the assessment of the physical attributes, capacity, and educational suitability of public school facilities in Maryland. The standards shall include at least the following categories: Building condition related to life safety and health; Building systems; Building capacity and utilization, including the ability to house students in permanent space; Academic space, including specialty classroom space; and Physical education and outdoor recreational space. The Interagency Commission shall periodically review and update the educational facilities sufficiency standards. On or before July 1, 2019, the Interagency Commission shall complete an initial statewide facilities assessment using the educational facilities sufficiency standards adopted under subsections (c) and (d) of this section. In completing the assessment the Interagency Commission shall: Incorporate the facility condition index adopted under subsection (c) of this section; Contract with an independent third–party vendor to conduct data collection and assessment; Utilize, to the extent possible, existing data sources, including the Educational Facilities Master Plan and the Maryland Association of Boards of Education; and Coordinate with local education agencies to identify data elements to be used in the facility assessment. Following the completion of the initial statewide facilities assessment, the Interagency Commission shall develop standards and procedures to comprehensively update the facilities assessment such that facility assessment data is not older than 4 years. Local education agencies shall: Cooperate with the Interagency Commission to update the facility assessment; and Contribute data as requested to update the assessment. The Interagency Commission shall enter the facility assessment data into an integrated data system, which shall be known as the Integrated Master Facility Asset Library. The Interagency Commission shall manage the Integrated Master Facility Asset Library and shall provide access to the Library for all local education agencies using a cloud–based system. The Integrated Master Facility Asset Library shall include preventive maintenance schedules accessible to each local education agency. Except as provided in paragraph (2) of this subsection, the Interagency Commission may not use any facility assessment data until the Interagency Commission establishes the Integrated Master Facility Asset Library. After the Interagency Commission has established the Integrated Master Facility Asset Library, and on or after May 1, 2026, the Interagency Commission shall adopt regulations establishing the use of the facility assessment results in annual school construction funding decisions beginning not sooner than fiscal year 2027. Before the Integrated Master Facility Asset Library is established, the Interagency Commission may use facility assessment data to: Provide context to programs the Interagency Commission administers; Work with local education agencies; Fulfill legislative requests; Complete any Interagency Commission analysis or report; and Assist with any external reports. Except as provided in § 5–314(e) of this subtitle, each county board shall develop and adopt preventative maintenance schedules based on industry standards for the public school facilities within the jurisdiction of the county board. On or before July 1 each year, each county board shall report to the Interagency Commission on the board’s compliance with the preventative maintenance schedules adopted under this subsection. The information reported in accordance with paragraph (2) of this subsection shall be entered into the Integrated Master Facility Asset Library.