HF 2632 (LSB 6634YH (3) 91)

HOUSE FILE 2632

BY  MATSON, AMOS JR., KURTH, LEVIN, RAMIREZ, EHLERT, WILBURN, WILSON, B. MEYER, BAGNIEWSKI, WICHTENDAHL, SCHOLTEN, BROWN-POWERS, MADISON, BAETH, and CROKEN

A BILL FOR

An Act relating to bond election requirements applicable to school districts.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 75.1, subsection 1, Code 2026, is amended to read as follows:
   1.  a.  When a proposition to authorize an issuance of bonds by a county, township, school corporation that is not a school district, city, or by any local board or commission, is submitted to the electors, such proposition shall not be deemed carried or adopted, anything in the statutes to the contrary notwithstanding, unless the vote in favor of such authorization is equal to at least sixty percent of the total vote cast for and against said proposition at said election. All elections on such proposition shall be held on the date specified in section 39.2, subsection 4, paragraph “d”.
   b.  When a proposition to authorize an issuance of bonds by a school district is submitted to the electors, such proposition shall not be deemed carried or adopted, anything in the statutes to the contrary notwithstanding, unless the vote in favor of such authorization exceeds fifty percent of the total vote cast for and against said proposition at said election. All elections on such proposition shall be held on the date specified in section 39.2, subsection 4, paragraph “d”.
    Sec. 2.  Section 296.6, Code 2026, is amended to read as follows:
   296.6  Bonds.
   If the vote in favor of the issuance of such bonds is equal to at least sixty percent of the total vote cast for and against said proposition at said election meets the applicable vote requirement under section 75.1, the board of directors shall issue the same and make provision for payment thereof.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill relates to election requirements for the issuance of bonds by a school district.
   The bill requires that a proposition to authorize the issuance of bonds by a school district must receive a simple majority of the total votes cast for and against the proposition at the election. The bill retains the existing requirement that propositions to authorize the issuance of bonds by a county, city, school corporation that is not a school district, township, or other local board or commission receive the affirmative vote of at least 60 percent of the total votes cast for and against the proposition.
   The bill makes a corresponding change in Code section 296.6.