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*********************************** SJR101.....................................................by STATE AFFAIRS SCHOOL DISTRICT INDEBTEDNESS - Proposing an amendment to the Constitution of the State of Idaho to allow school districts to incur indebtedness with the assent of two-thirds of the qualified electors or the assent of no less than sixty percent, rather than two-thirds, of the qualified electors of the school district voting at an election held for that purpose if the election is held on the fourth Tuesday in May or the Tuesday following the first Monday in November. 03/25 Senate intro - 1st rdg - to printing 03/26 Rpt prt - to St Aff 04/01 Rpt out - rec d/p - to 2nd rdg 04/02 2nd rdg - to 3rd rdg 04/03 3rd rdg - FAILED - 18-16-1 AYES -- Bunderson, Burkett, Calabretta, Compton, Davis, Gannon, Goedde, Ingram, Kennedy, Keough, Malepeai, Marley, Noh, Schroeder, Sorensen, Stegner, Stennett, Werk NAYS -- Andreason, Bailey, Brandt, Burtenshaw, Cameron, Darrington, Geddes, Hill, Little, Lodge, McKenzie, Noble, Pearce, Richardson, Sweet, Williams Absent and excused -- McWilliams Floor Sponsors - Schroeder & Goedde Filed with Secretary of the Senate
|||| LEGISLATURE OF THE STATE OF IDAHO |||| Fifty-seventh Legislature First Regular Session - 2003IN THE SENATE SENATE JOINT RESOLUTION NO. 101 BY STATE AFFAIRS COMMITTEE 1 A JOINT RESOLUTION 2 PROPOSING AN AMENDMENT TO SECTION 3, ARTICLE VIII, OF THE CONSTITUTION OF THE 3 STATE OF IDAHO, RELATING TO LIMITATIONS ON COUNTY AND MUNICIPAL INDEBTED- 4 NESS, TO ALLOW SCHOOL DISTRICTS TO INCUR INDEBTEDNESS WITH THE ASSENT OF 5 TWO-THIRDS OF THE QUALIFIED ELECTORS OR THE ASSENT OF NO LESS THAN SIXTY 6 PERCENT, RATHER THAN TWO-THIRDS, OF THE QUALIFIED ELECTORS OF THE SCHOOL 7 DISTRICT VOTING AT AN ELECTION HELD FOR THAT PURPOSE IF THE ELECTION IS 8 HELD ON THE FOURTH TUESDAY IN MAY OR THE TUESDAY FOLLOWING THE FIRST MON- 9 DAY IN NOVEMBER; STATING THE QUESTION TO BE SUBMITTED TO THE ELECTORATE; 10 DIRECTING THE LEGISLATIVE COUNCIL TO PREPARE THE STATEMENTS REQUIRED BY 11 LAW; AND DIRECTING THE SECRETARY OF STATE TO PUBLISH THE AMENDMENT AND 12 ARGUMENTS AS REQUIRED BY LAW. 13 Be It Resolved by the Legislature of the State of Idaho: 14 SECTION 1. That Section 3, Article VIII, of the Constitution of the State 15 of Idaho be amended to read as follows: 16 SECTION 3. LIMITATIONS ON COUNTY AND MUNICIPAL INDEBTEDNESS. 17 (1) No county, city,board of education,or school district, or other 18 subdivision of the state, shall incur any indebtedness, or liability, 19 in any manner, or for any purpose, exceeding in that year, the income 20 and revenue provided for it for such year, without the assent of 21 two-thirds(2/3)of the qualified electors thereof voting at an elec- 22 tion to be held for that purpose, nor unless, before or at the time 23 of incurring such indebtedness, provisions shall be made for the col- 24 lection of an annual tax sufficient to pay the interest on such 25 indebtedness as it falls due, and also to constitute a sinking fund 26 for the payment of the principal thereof, within thirty(30)years 27 from the time of contracting the same. Any indebtedness or liability 28 incurred contrary to this provision shall be void.: Provided, that29tThis section shall not be construed to apply to the ordinary and 30 necessary expenses authorized by the general laws of the state.and31provided further that any32 (2) Any city may own, purchase, construct, extend, or equip, 33 within and without the corporate limits of such city, off street 34 parking facilities, public recreation facilities, and air navigation 35 facilities, and for the purpose of paying the cost thereof may, with- 36 out regard to any limitation herein imposed, with the assent of 37 two-thirds(2/3)of the qualified electors voting at an election to 38 be held for that purpose, issue revenue bonds therefor, the principal 39 and interest of which to be paid solely from revenue derived from 40 rates and charges for the use of, and the service rendered by, such 41 facilities as may be prescribed by law., and provided further, that42any43 (3) Any city or other political subdivision of the state may 2 1 own, purchase, construct, extend, or equip, within and without the 2 corporate limits of such city or political subdivision, water sys- 3 tems, sewage collection systems, water treatment plants, sewage 4 treatment plants, and may rehabilitate existing electrical generating 5 facilities, and for the purpose of paying the cost thereof, may, 6 without regard to any limitation herein imposed, with the assent of a 7 majority of the qualified electors voting at an election to be held 8 for that purpose, issue revenue bonds therefor, the principal and 9 interest of which to be paid solely from revenue derived from rates 10 and charges for the use of, and the service rendered by such systems, 11 plants and facilities, as may be prescribed by law.; and provided12further that any13 (4) Any port district, for the purpose of carrying into effect 14 all or any of the powers now or hereafter granted to port districts 15 by the laws of this state, may contract indebtedness and issue reve- 16 nue bonds evidencing such indebtedness, without the necessity of the 17 voters of the port district authorizing the same, such revenue bonds 18 to be payable solely from all or such part of the revenues of the 19 port district derived from any source whatsoever excepting only those 20 revenues derived from ad valorem taxes, as the port commission 21 thereof may determine, and such revenue bonds not to be in any manner 22 or to any extent a general obligation of the port district issuing 23 the same, nor a charge upon the ad valorem tax revenue of such port 24 district. 25 (5) A school district may incur indebtedness or liability 26 exceeding in that year the income and revenue provided for the dis- 27 trict in that year if: 28 (a) The district obtains the assent of no less than sixty per- 29 cent, rather than two-thirds, of the qualified electors of the 30 district voting at an election to be held for that purpose and 31 held on the fourth Tuesday in May or the Tuesday following the 32 first Monday in November; and 33 (b) Before or at the time of incurring such indebtedness, pro- 34 visions are made for the collection of an annual tax sufficient 35 to pay the interest on the indebtedness as it falls due, and 36 also to constitute a sinking fund for the payment of the princi- 37 pal of the indebtedness, within thirty years from the time of 38 contracting the indebtedness. 39 Any indebtedness or liability incurred contrary to this subsection 40 shall be void. This subsection shall not apply to the ordinary and 41 necessary expenses authorized by the general laws of the state. 42 SECTION 2. The question to be submitted to the electors of the State of 43 Idaho at the next general election shall be as follows: 44 "Shall Section 3, Article VIII, of the Constitution of the State of Idaho 45 be amended to provide that a school district may incur indebtedness with the 46 assent of two-thirds of the qualified electors or the assent of no less than 47 sixty percent, rather than two-thirds, of the qualified electors of the school 48 district voting at an election held for that purpose if the election is held 49 on the fourth Tuesday in May or the Tuesday following the first Monday in 50 November?". 51 SECTION 3. The Legislative Council is directed to prepare the statements 52 required by Section 67-453, Idaho Code, and file the same. 3 1 SECTION 4. The Secretary of State is hereby directed to publish this pro- 2 posed constitutional amendment and arguments as required by law.
STATEMENT OF PURPOSE RS 13217 This resolution proposes a constitutional amendment to the electorate for the purpose of authorizing school districts to incur debt with a 60% majority, if the election is held on the fourth Tuesday in May or the Tuesday following the first Monday in November, as provided in statute. If the election is held on any other date, a 2/3 majority vote is still required for approval. FISCAL IMPACT For ballot printing, informational printing, and publications, the estimated cost is approximately $100,000. Contact Sen. Gary Schroeder (332-1323) Sen. John Goedde (332-1340) Dr. Darrel Deide (334-2100) STATEMENT OF PURPOSE/FISCAL NOTE SJR101