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ID H0219
Bill
Status
4/6/2015
Primary Sponsor
State Affairs Committee
Click for details
AI Summary
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Amends Idaho Code Section 34-439 to require taxing districts to provide official statements for bonded indebtedness elections including purpose, facility/project description, principal amount, anticipated and maximum interest rates, total repayment amount with principal and interest components, repayment timeline, and existing district indebtedness.
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Requires official statements for bonded indebtedness elections to be written in simple, understandable language and placed on the ballot prior to the voting location and included in the official election notice.
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Amends Idaho Code Section 34-439A to require taxing districts to provide official statements for tax levy elections including purpose, election date, estimated annual dollar amount collected (with specified exceptions), and the length of time the levy will be assessed.
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Requires official statements for tax levy elections to be written in simple, understandable language and placed on the ballot prior to the voting location and included in the official election notice.
Legislative Description
Amends existing law to revise procedures regarding disclosures in elections to authorize bonded indebtedness; and to revise procedures regarding disclosures in elections to authorize tax levies.
ELECTIONS
Last Action
Reported Signed by Governor on April 6, 2015 Session Law Chapter 286 Effective: 07/01/2015
4/6/2015