Summary of the Introduced Bill

HB 325 -- School Bond Moneys

Sponsor:  Marble

This bill permits, for school bond issues adopted after August
28, 2001, up to 25% of the moneys to be exempt from certificated
salary compliance requirements.  If a district decides to claim
the exemption, it must use the moneys only for capital projects
and the moneys must come from the approved bond moneys or from a
transfer from the incidental fund to the capital projects fund.


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Last Updated November 26, 2001 at 11:43 am