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Bills · 2023-2024 Regular Session

SB 83

Died at session end Official bill text Atom feed

Relating to: including with a referendum question for issuing bonds a statement of the estimated interest accruing on the amount of the bonds.

Bonds — County Bonds — Municipal Interest Referendum School — Bonds

  1. Introduced, stopped here
  2. Passes Senate, not reached
  3. Passes Assembly, not reached
  4. Governor signs, not reached
  5. Law, not reached

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

Under current law, whenever a municipality, county, or school district must

hold a referendum seeking voter approval for issuing bonds, the referendum

question must include a statement of the purpose for which bonds are to be issued

and the maximum amount of the bonds to be issued. Under this bill, the statement

included with the referendum question must also provide the estimated amount of

the interest accruing on the amount of the bonds, along with the interest rate. If the

interest rate is a variable rate, the statement must also specify the amount of the

interest accruing on the amount of the bonds calculated using the lowest rate during

the term for which the rate is applicable and the amount of the interest accruing on

the amount of the bonds calculated using the highest rate during the term for which

the rate is applicable.

Sponsors

Introduced by: Cabral-Guevara (R) , Cowles (R) , Jacque (R) , Nass (R) , Stroebel (R)

19 cosponsors

Allen (R) , Behnke (R) , Binsfeld (R) , Bodden (R) , Brooks (R) , Dittrich (R) , Goeben (R) , Gustafson (R) , Knodl (R) , Macco (R) , Maxey (R) , Murphy (R) , O'Connor (R) , Rettinger (R) , Schmidt (R) , Sortwell (R) , Spiros (R) , Steffen (R) , Zimmerman (R)

Votes

Senate: Report adoption of Senate Amendment 1 recommended by Committee on Education, Ayes 5, Noes 2

Passed 5–2 Oct 3, 2023 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Senate: Report passage as amended recommended by Committee on Education, Ayes 5, Noes 2

Passed 5–2 Oct 3, 2023 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Senate: PASSAGE

Passed 22–10 Oct 17, 2023 official source full page

Not voting · 1

Full history

  1. Feb 21, 2023 · Senate

    Introduced by Senators Cabral-Guevara, Jacque, Cowles, Nass and Stroebel; cosponsored by Representatives Gustafson, Macco, Allen, Behnke, Binsfeld, Bodden, Brooks, Dittrich, Goeben, Maxey, Murphy, O'Connor, Rettinger, Schmidt, Sortwell, Spiros, Steffen and Zimmerman

  2. Feb 21, 2023 · Senate

    Read first time and referred to Committee on Education

  3. Mar 10, 2023 · Senate

    Representative Knodl added as a cosponsor

  4. Jun 9, 2023 · Senate

    Senate Amendment 1 offered by Senator Cabral-Guevara

  5. Sep 26, 2023 · Senate

    Public hearing held

  6. Oct 3, 2023 · Senate

    Executive action taken

  7. Oct 3, 2023 · Senate

    Report adoption of Senate Amendment 1 recommended by Committee on Education, Ayes 5, Noes 2

  8. Oct 3, 2023 · Senate

    Report passage as amended recommended by Committee on Education, Ayes 5, Noes 2

  9. Oct 3, 2023 · Senate

    Available for scheduling

  10. Oct 16, 2023 · Senate

    Placed on calendar 10-17-2023 pursuant to Senate Rule 18(1)

  11. Oct 17, 2023 · Senate

    Read a second time

  12. Oct 17, 2023 · Senate

    Senate Amendment 1 adopted

  13. Oct 17, 2023 · Senate

    Ordered to a third reading

  14. Oct 17, 2023 · Senate

    Rules suspended to give bill its third reading

  15. Oct 17, 2023 · Senate

    Read a third time and passed, Ayes 22, Noes 10

  16. Oct 17, 2023 · Senate

    Ordered immediately messaged

  17. Oct 17, 2023 · Assembly

    Received from Senate

  18. Oct 19, 2023 · Assembly

    Read first time and referred to committee on Rules

  19. Apr 15, 2024 · Assembly

    Failed to concur in pursuant to Senate Joint Resolution 1