Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 53 limits the ability of certain local governments to issue anticipation notes and certificates of obligation. It narrows the definition of "public works," shortens the maximum maturity term from 40 to 30 years, lowers the petition threshold for triggering a public vote, and removes hospital districts from eligibility. It repeals language allowing certain bond issuances without voter approval.
Author (1)
Carl Tepper