Proposes an amendment to the Oregon Constitution to remove the requirement that school districts must receive voter approval for local general obligation bonds in order to be eligible for matching funds from state-issued bonds. Refers the proposed amendment to the people for their approval or rejection at the next regular general election.

Summary

Digest: Removes the condition that a school district must have voters approve a bond for capital cost matching funds. (Flesch Readability Score: 61.6). Proposes an amendment to the Oregon Constitution to remove the requirement that school districts must receive voter approval for local general obligation bonds in order to be eligible for matching funds from state-issued bonds. Refers the proposed amendment to the people for their approval or rejection at the next regular general election.