School districts must now hold a voter election to approve certain long-term borrowing deals—including capital outlay certificates, lease-purchase contracts, and installment purchase agreements—if the total obligation exceeds 1.5% of the district's taxable property value. Previously, school boards could approve these deals after just a public hearing without voter approval. This change gives taxpayers a direct say in major financial commitments their school district makes.
Senate Do Pass Amended Failed, YEAS 16, NAYS 18. S.J. 362
Education Do Pass Amended Passed, YEAS 4, NAYS 3.
Education Motion to amend
Education Scheduled for hearing
First read in Senate and referred to Senate Education S.J. 179
Prime sponsor · Sen.
R
Do Pass Amended
Education — Do Pass Amended
Education — Do Pass Amended