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Representative introduces resolution to raise school bonding cap from 5 percent to 8 percent; committee votes to introduce resolution
Summary
Representative Ben Furman told the House Education Committee that an introduced RS would raise the school bonding capacity on a single line from 5 percent to 8 percent. Committee moved to introduce the RS and the motion carried.
Representative Ben Furman (R-District 30) told the House Education Committee he was introducing an RS that would increase a school bonding capacity figure from 5 percent to 8 percent.
"We are simply changing 1 thing on line 32 on the first page, and that is the school bonding capacity. And we're increasing that from 5% to 8%." Furman said. He added the proposal would not change bonding processes.
Representative Harris asked whether the change would raise property taxes or alter bond financing. "This will not increase property taxes. It won't increase financing rates," Furman replied. He said the change would allow some districts to bond for more than they currently can but that the RS itself would not raise property taxes.
Representative Sotto moved to introduce the resolution as recorded by the committee as RS 32,112. The motion to introduce carried after the committee voice vote.
No final bond authorizations, spending figures or district-specific approvals were taken at the hearing; the committee recorded only the introduction of the RS for further consideration.
What happened next: the committee continued with its scheduled presentations after introducing the resolution. No second or roll-call vote was recorded in the transcript of this item.
