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ND SB2144

Bill

Status

Introduced

1/3/2023

Primary Sponsor

Mark Weber

Click for details

Origin

Senate

68th Legislative Assembly

AI Summary

  • Requires school district bond election ballots to include specific information about future repair and maintenance allocations, including total funds allocated and amounts expended in the previous 15 years.

  • Mandates that bond election ballots be separate from other ballots and specify millage amounts, bond duration, and estimated tax impact per $1,000 of taxable valuation.

  • Requires school districts to designate total funds allocated for future repair and maintenance in their bond plan when issuing general obligation bonds for school building projects.

  • Applies to all school district elections for increased levy authority after June 30, 2023, requiring ballots to specify items related to future maintenance and repair expenditures.

  • Allows school boards to submit specific plans for building fund use with approval of qualified electors, with material changes requiring 60 percent voter approval in affected areas.

Legislative Description

Future maintenance and repair expenditures for school districts.

Last Action

Second reading, failed to pass, yeas 4 nays 42

1/24/2023

Committee Referrals

Finance and Taxation1/3/2023

Full Bill Text

No bill text available