Concerning school districts' authority to contract indebtedness for school construction.
What changed between versions
The bill was renumbered from S-0964.1 to S-2035.1 and changed from a 'Substitute Bill' to a 'Second Substitute Bill'.
The date the bill was first read in the Senate was changed from February 5, 2025, to February 28, 2025.
The bill's committee assignment was changed from 'Early Learning & K-12 Education' to 'Ways & Means'.
The act description was updated to reflect that it now amends two separate RCW sections (28A.530.080 and 28A.525.162) instead of just one.
A new section was added to amend RCW 28A.525.162, clarifying rules for state funding allotments and calculations.
A new condition requires school districts to forgo state funding assistance for a project to be eligible to issue nonvoted bonds for construction.
A new provision explicitly prohibits state funding assistance for any project that is funded using proceeds from nonvoted bonds authorized under the debt authority section.