I intend to re-introduce legislation (former HB 215, 2023-2024) that will provide transparency to current and prospective property owners.

This bill will require the governing body of each school district to calculate the amount of unfunded pension and other postemployment benefit obligations per $100,000 of assessed residential property within the school district. The results of the calculation must be published as follows: Additionally, this bill will require a seller who intends to transfer an interest in real property to disclose the results of the calculation as an item on the property disclosure form. This will provide prospective homeowners with information on the financial solvency of their school district and allow them to make more informed decisions.

I hope you will join me in cosponsoring this important legislation.

Previous cosponsors of HB 215 (2023-2024): Rowe, Moul, Zimmerman, Gillen, Keefer and Leadbeter.