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IA SF82

Bill

Status

Introduced

1/22/2025

Primary Sponsor

Sandy Salmon

Click for details

Origin

Senate

91st General Assembly

AI Summary

  • School districts must submit bond issuance questions to voters prior to issuing bonds of $5 million or more from the Secure an Advanced Vision for Education (SAVE) fund

  • Bonds under $5 million remain subject to voter election only if a petition is received requesting the question be submitted to voters

  • Petitions must be signed by eligible electors equal to at least 100 signatures or 30 percent of voters at the last school officials election, whichever is greater

  • Approval threshold for bond issuance increases from a simple majority to 60 percent of voters voting on the question

  • Elections must be held on dates specified in Code section 39.2, subsection 4, paragraph "d", with notice requirements per Code section 39.5

Legislative Description

A bill for an act relating to elections for bonds issued by a school district in anticipation of revenue.

Last Action

Subcommittee recommends passage.

2/4/2025

Committee Referrals

Education1/22/2025

Full Bill Text

No bill text available