MS HB1230

Extends the bonding authority of the Starkville-Oktibbeha Consolidated School District Board of Trustees from July 1, 2024 to July 1, 2027.

Allows the school district board to issue negotiable bonds for purchasing school buses, textbooks, computers, software, equipment, and fixtures, as well as for capital improvements to school facilities.

Maintains the reverse referendum procedure for bond issuance, requiring board publication of intent for three consecutive weeks and allowing qualified electors to petition for an election if 20% request one.

Preserves the 20% debt limit, requiring that outstanding bonded indebtedness plus new bonds cannot exceed 20% of assessed value of taxable property within the district.

Becomes effective July 1, 2024.