Text: HSB00176                          Text: HSB00178
Text: HSB00100 - HSB00199               Text: HSB Index
Bills and Amendments: General Index     Bill History: General Index



House Study Bill 177

Bill Text

PAG LIN
  1  1                 SCHOOL DISTRICT BOND FINANCING
  1  2    Section 1.  NEW SECTION.  28E.41  JOINT ISSUANCE OF SCHOOL
  1  3 DISTRICT BONDS.
  1  4    It is the intent of the general assembly to encourage
  1  5 school districts to jointly issue general obligation bonds to
  1  6 fund separate projects proposed in each district and, by
  1  7 pooling their debt obligations, to realize a savings for
  1  8 taxpayers in each of the participating districts.  Two or more
  1  9 school districts may enter an agreement pursuant to this
  1 10 chapter for the purpose of financing projects for which debt
  1 11 obligations may be or have been incurred pursuant to chapter
  1 12 296 or 298.  For purposes of this section, "school district"
  1 13 means a public school district described in chapter 274.  
  1 14                           EXPLANATION
  1 15    This bill allows two or more school districts through a
  1 16 chapter 28E agreement to jointly issue general obligation
  1 17 bonds to fund separate projects in each of the districts.  
  1 18 LSB 1536XL 78
  1 19 sc/cf/24
     

Text: HSB00176                          Text: HSB00178
Text: HSB00100 - HSB00199               Text: HSB Index
Bills and Amendments: General Index     Bill History: General Index

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