This bill amends the bond election requirements for school districts in Iowa. It establishes that a proposition to authorize the issuance of bonds by a school district must receive more than fifty percent of the total votes cast for and against the proposition in order to be deemed carried or adopted. This is a change from the previous requirement, which was not specified in the text but is implied to be different from the new standard. Additionally, the bill maintains the existing requirement for other entities, such as counties, cities, and townships, which must still achieve at least sixty percent of the total votes cast for their bond propositions.
Furthermore, the bill makes a corresponding amendment to Code section 296.6, clarifying that if the vote in favor of the issuance of bonds meets the applicable vote requirement under section 75.1, the board of directors is obligated to issue the bonds and ensure payment. Overall, the bill simplifies the voting threshold for school districts while keeping stricter requirements for other local entities.
Statutes affected: Introduced: 75.1, 39.2