SB 1342: School District Financing
GENERAL BILL by Flores
School District Financing; Authorizes a district school board issuing a bond to determine the schedule of maturities of the bond. Deletes a provision requiring payments on a bond to be as nearly equal as practicable. Extends to 30 years from 20 years the maximum permissible term of a bond that may be issued by a district school board without approval from the Department of Education. Extends the maximum duration of the levy of ad valorem taxes approved by the electors of a school district for the operating expenses of the district, etc.
Effective Date: 7/1/2011
Last Action: 5/7/2011 Senate - Died in Education Pre-K - 12
Bill Text: Web Page | PDF
Last Action: 5/7/2011 Senate - Died in Education Pre-K - 12
Bill Text: Web Page | PDF
Senate Committee References:
- Education Pre-K - 12 (ED)
- Budget (BC)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/23/2011 | Senate |
• Filed |
| 3/7/2011 | Senate |
• Referred to Education Pre-K - 12; Budget -SJ 100 |
| 3/8/2011 | Senate |
• Introduced -SJ 100 |
| 5/7/2011 | Senate |
• Indefinitely postponed and withdrawn from consideration • Died in Education Pre-K - 12 |
