The bill introduces a new requirement for school districts to conduct elections for bond issuance or tax levies concurrently with the next primary or general election, unless otherwise specified by law. This change aims to streamline the election process for school funding. Additionally, it amends existing laws to ensure that municipal elections related to bond issuance adhere to specific timing and notice requirements, enhancing the overall efficiency and transparency of the election process. The bill also removes restrictions on the timing of special bond elections, providing school districts with greater flexibility in scheduling these elections.

Moreover, the bill allows school districts to levy taxes for adult basic education programs and redevelopment projects, capping the levy at 1/2 mill for up to five years, and outlines the necessary procedures for adopting such levies, including publication and petition requirements. It also permits municipalities to levy a tax not exceeding two mills for general improvements or library projects, with similar voter approval processes. Notably, the bill deletes the previous ten-year maximum duration for these levies and repeals outdated statutes related to tax levies, with the act set to take effect upon publication in the statute book.

Statutes affected:
As Introduced: 10-120, 25-2019, 72-1143, 72-5143, 72-53, 74-32, 79-4001, 12-1757
As introduced: 10-120, 25-2019, 72-1143, 72-5143, 72-53, 74-32, 79-4001, 12-1757