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House Bill 1319


House Bill 1319

ARCHIVE (2005)

Latest Information

 

DIGEST OF INTRODUCED BILL


Referenda for school corporation projects. Requires a local public question, instead of the petition and remonstrance process required under current law, to approve a school corporation's preliminary determination to issue bonds or enter into a lease rental for a controlled project resulting in outstanding obligations exceeding 10% of the school corporation's assessed valuation. Requires a referendum before bonds may be issued or leases may be entered into for the controlled project.
Current Status:
 In Committee - first House
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