SF2251 modifies the bonding authority of combined recreational lake and water quality districts in Iowa.

SF2251 amends Iowa Code section 357E.11A to align the bonding authority of combined recreational lake and water quality districts with that of cities. The bill removes the election requirement for authorizing indebtedness, except for refunding bonds. Districts are now subject to the same requirements and limitations as cities when issuing bonds, potentially eliminating the need for election approval.

SF2251 modifies the bonding authority of combined recreational lake and water quality districts in Iowa.

SF2251 amends Iowa Code section 357E.11A to align the bonding authority of combined recreational lake and water quality districts with that of cities. The bill removes the election requirement for authorizing indebtedness, except for refunding bonds. Districts are now subject to the same requirements and limitations as cities when issuing bonds, potentially eliminating the need for election approval.