1263C

On page 1, line 1, of the Introduced bill, delete "elections occur in conjunction with the general election" and insert "actions be referred to the voters and to limit the dates on which certain school district elections may be held"

On page 1, line 4, of the Introduced bill, after "Dakota:" insert "

Section 1. That § 13-16-6.3 be AMENDED:

13-16-6.3. Hearing on installment purchase, lease‑purchase or capital outlay certificates--Approval or reference to voters.

Any proposed installment purchase contract, lease‑purchase, or issue of capital outlay certificates authorized pursuant to § 13-16-6 or 13-16-6.2 which will obligate the school district for future payments on the principal, the total of which will exceed one and one‑half percent of the taxable valuation of taxable property within the district, may not be entered into, or certificates issued, unless prior thereto the school board conducts a public hearing thereon after having given notice by publication at least twice in its official newspaper at least ten days before the hearing. Upon the hearing the board may approve the action or may. If the board approves the action, the board shall refer the matter to the voters of the district.

"

On page 1, line 7, of the Introduced bill, after "election." delete "Approval to enter into an agreement or issue capital outlay certificates to which § 13-16-6. 3 applies is subject to a referendum if five percent of the registered voters, based upon the total number of registered voters at the last preceding general election, petition, within twenty days thereafter, to have the question of approval or disapproval of the agreement or issue of capital outlay certificates or the lease-purchase agreement placed upon the ballot at the next regular election or at a special election called for that purpose. "

On page 1, line 14, of the Introduced bill, after "the " insert "primary election, as provided for under § 12-2-1, or on the date of the "

On page 1, line 15, of the Introduced bill, delete ", and" and insert ". The special election may also be held on the first Tuesday following the first Monday in June or on the first Tuesday following the first Monday in November in odd-numbered years. The business manager shall"

On page 1, line 16, of the Introduced bill, after "elections" insert the comma