Washington HB1032 amends school district election rules for debt validation and ratification.

Washington HB1032 revises election rules for school districts regarding debt validation and ratification. It sets a three-fifths majority vote requirement for validating and ratifying indebtedness exceeding three-eighths of one percent of taxable property value. The bill also mandates that if a majority of voters approve a debt financing measure, the school board must issue bonds. Additionally, it allows for adjustments in bonded indebtedness and specifies that any such proposition must receive a majority of votes cast, not just a majority of total voters.

Washington HB1032 amends school district election rules for debt validation and ratification.

Washington HB1032 revises election rules for school districts regarding debt validation and ratification. It sets a three-fifths majority vote requirement for validating and ratifying indebtedness exceeding three-eighths of one percent of taxable property value. The bill also mandates that if a majority of voters approve a debt financing measure, the school board must issue bonds. Additionally, it allows for adjustments in bonded indebtedness and specifies that any such proposition must receive a majority of votes cast, not just a majority of total voters.