House Education hears H750 to exclude voter-approved bond payments from excess-spending calculation

Summary

H750, introduced by Representative Charlie Kimball, would exclude voter-approved capital construction bond payments from the state’s excess spending calculation and deem districts that begin construction before the State Aid for School Construction program is active to have 'good cause.' Sponsors said the change would reduce a disincentive that has delayed roughly $6 billion in projects.

Representative Charlie Kimball introduced H750 on Jan. 28, 2026, telling the House Education Committee the bill would remove a key fiscal disincentive that has kept many school construction projects on hold.

"Today, I'm introducing H750," Kimball said, "its purpose is to exclude capital construction costs from the definition of education spending for purposes of calculating excess spending and also to deem as having good cause to commence construction before final approval under the state aid for construction program." He told the committee that including bond principal and interest in the excess spending calculation has led some districts to delay projects to avoid property-tax penalties tied to the excess-spending threshold.

Kimball and counsel described H750 as a two-part measure. The first would expand an existing exclusion so that voter-approved bond payments for capital construction would not be counted in the calculation of excess spending. The second would amend the State Aid for School Construction rules so that any district that begins…

House Education hears H750 to exclude voter-approved bond payments from excess-spending calculation

Summary

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