A bill for an act relating to elections for bonds issued by a school district in anticipation of revenue.

SF 82 requires school districts in Iowa to hold a voter election for bonds issued in anticipation of revenue if the amount is $5 million or more, changing current law where elections were only required upon receiving a petition. It mandates that such bonds must receive approval from at least 60% of voters casting ballots on the issue, rather than a simple majority. The bill also specifies notice requirements for public hearings (10-20 days prior) and applies to bonds tied to the SAVE fund. This directly affects school districts planning large bond issuances, ensuring voter approval is mandatory for these significant financial decisions.