HB2821 Summary

• Allows a political subdivision's governing body or board to call an election to change the purposes for which previously authorized bond monies may be spent, provided the bonds have not yet been issued.

• Elections to change bond purposes may only be held on the first Tuesday following the first Monday in November.

• Requires the governing body to mail an informational pamphlet to all households with registered voters at least 35 days before the election, containing information about original bond purposes, proposed new purposes, projects, and arguments for and against the change.

• Ballot language shall read "change capital improvements, yes" or "change capital improvements, no."

• Section 35-462 automatically repeals on December 31, 2024.