SIOUX FALLS, S.D. (KELO AM) - A bill lowering voter approval of a school bond from 60% to 55% advanced to the full Senate today in Pierre.
Bill sponsor Senator Jason Frerichs of Wilmot says there are bills asking for more restrictions on future growth of capital outlays.
But a Department of Revenue spokesman says you can’t change property tax levies for bonds. He says the 60% approval is needed because the levy is irrepealable, once a bond is issued the district can't change its mind.
House bill 1207 revises provisions in the school district capital outlay fund tax levies.