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)
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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5/7/2011 Senate • Indefinitely postponed and withdrawn from consideration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
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SB 1342, Original Filed Version (Current Bill Version) Posted 2/23/2011 at 2:29 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 1093 Issuance of Bonds Diaz Compare Last Action: 5/7/2011 H Died in PreK-12 Appropriations Subcommittee
Location: In committee/council (PKAS)
Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 1010.49 Form and denomination of bonds. Page 1 (pdf) 1011.73 District millage elections. Page 2 (pdf)