2022 House Bill 5666

Revise repayment terms of school district debts to state

Introduced in the House

Jan. 18, 2022

Introduced by Rep. Julie Calley (R-87)

To permit the state to charge school districts less than 3% on "bailout" loans after a district spends more more on payroll and other operational expenses than it collects in annual revenue for these expenses.

Referred to the Committee on Local Government and Municipal Finance

Feb. 9, 2022

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Feb. 16, 2022

Passed in the House 102 to 3 (details)

Received in the Senate

Feb. 17, 2022

Referred to the Committee on Appropriations