Introduced by Rep. Mark Meadows (D) on April 14, 2011
To allow school districts to increase property taxes by up to 5 mills for 10 years to buy or fix school buses, and to buy computers and software, with the money passing through a "sinking fund." Note: Since new operating expense millages were prohibited by the 1994 Proposal A initiative, and these items may be considered operating expenses, the bill could potentially require a 3/4 majority vote, which is required by the Constitution for revisions of an initiative adopted by popular vote. Official Text and Analysis.
Referred to the House Tax Policy Committee on April 14, 2011