HB509 REMOVES SEPARATE BANK ACCOUNT REQUIREMENT FOR DEBT SERVICE FUND.
Sponsor: Froelker, James V. (111) Effective Date:00/00/0000
CoSponsor: LR Number:1377-01
Last Action: 01/27/1999 - Referred: Education-Elementary and Secondary (H)
HB509
Next Hearing:Hearing not scheduled
Calendar:Bill currently not on calendar
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BILL SUMMARIES

INTRODUCED

HB 509 -- Transfers of School Funds

Sponsor:  Froelker

This bill eliminates the requirement that school districts
maintain the debt service fund as a separate bank account and
raises the bonded indebtedness limit on 6- and 18-cent transfers
from 10% to the constitutional limit of 15%.


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Last Updated September 30, 1999 at 1:25 pm