SF 82: Relating to elections for bonds issued by a school district in anticipation of revenue

What it does

This bill relates to elections for bonds issued by a school district in anticipation of revenues from the secure an advanced vision for education (SAVE) fund. bonds to the voters of the school district prior to issuing the bond if the bond is for the amount of $5 million or more. Under current law, such bonds are only subject to an election upon the receipt of a petition requesting that the question of the bond be submitted to the voters of the school district. The bill also requires all such bonds submitted to voters to receive the approval of percent of the voters voting on the question of the issuance of the bond.

Senate subcommittee · named January 28, 2025

• Sen. Sandy Salmon (R) · sandy.salmon@legis.iowa.gov
• Sen. Doug Campbell (R) · doug.campbell@legis.iowa.gov
• Sen. Art Staed (D) · art.staed@legis.iowa.gov

Lobbying · 1 for, 7 against

For: Iowans for Tax Relief

Against: Iowa Association of School Boards; Iowa State Education Association; Master Builders of Iowa; Professional Educators of Iowa; Rural School Advocates of Iowa; School Administrators of Iowa; Urban Education Network of Iowa

In plain words

1. January 22, 2025Filed in the Senate and sent to the Education committee
2. January 28, 2025Senate subcommittee named: Salmon, Campbell and Staed
3. February 4, 2025Subcommittee recommended passing it