In this section, “high performance building” has the meaning stated in § 3–602.1 of the State Finance and Procurement Article. This section applies to the construction of new schools that have not initiated a Request For Proposal for the selection of an architectural and engineering consultant on or before July 1, 2009. Except as provided in subsection (d) of this section, a new school that receives State public school construction funds shall be constructed to be a high performance building. The Interagency Commission shall establish a process to allow a school system to obtain a waiver from complying with subsection (c) of this section. The waiver process shall: Include a review by the Interagency Commission to determine if the construction of a high performance building is not practicable; and Require the approval of a waiver by the Interagency Commission. For fiscal years 2010 through 2014 only, the State shall pay 50% of the local share of the extra costs, identified and approved by the Interagency Commission, that are incurred in constructing a new school to meet the high performance building requirements of this section. The Interagency Commission shall adopt regulations to implement the requirements of this section.