This bill amends the requirements for how a school district may finance and build a school building or facility.
This bill:
- requires a school district to pursue voter approval of a general obligation bond before issuing a lease revenue bond to finance a school building or infrastructure project;
- prohibits a school district from establishing a public-private partnership to execute a school district project; and
- makes technical and conforming changes.

Statutes affected:
Substitute #1: 11-14-103
Substitute #2: 11-14-103