School bonds; one-year waiting period; nondebt capital options; exemption for destroyed school facilities; effective date.

Summary

The bill requires school districts to wait one year after all existing bonded debt is retired before holding another bond election. It does not apply when districts use private donations, lease‑purchase deals, or public‑private partnerships, nor when facilities are destroyed by an act of God. The measure takes effect on November 1, 2026.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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