Modifies borrowing and bond issuance requirements for Michigan school districts.

This bill amends the Michigan School Aid Act to modify requirements for school districts borrowing money and issuing bonds. It specifies that school districts can issue bonds to cover costs related to technology, including hardware, software, and related services, but not for maintenance costs. It also mandates an independent audit of bonding activities and allows residents to enforce the provisions in court.

Modifies borrowing and bond issuance requirements for Michigan school districts.

This bill amends the Michigan School Aid Act to modify requirements for school districts borrowing money and issuing bonds. It specifies that school districts can issue bonds to cover costs related to technology, including hardware, software, and related services, but not for maintenance costs. It also mandates an independent audit of bonding activities and allows residents to enforce the provisions in court.