2013 House Bill 4281

Expand school “sinking fund” uses to include technology and security

Introduced in the House

Feb. 19, 2013

Introduced by Rep. Mike McCready (R-40)

To allow school districts to use “sinking fund” taxes for “upgrading of technology” or for “school security.” Under current law, sinking funds are permanent funds that may be used only for infrastructure-related spending including land purchases, construction and (major) school building repairs. Many bills have been introduced to get the restrictions expanded.

Referred to the Committee on Education