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Iowa Statutes § 75.1 Bonds - election - vote required

⤴ Up to Chapter 75: Authorization and Sale of Public Bonds

Statute Text

1.
a. When a proposition to authorize an issuance of bonds by a county, township, school corporation, city, or by any local board or commission, is submitted to the electors, such proposition shall not be deemed carried or adopted, anything in the statutes to the contrary notwithstanding, unless the vote in favor of such authorization is equal to at least sixty percent of the total vote cast for and against said proposition at said election. All elections on such proposition shall be held on the date specified in section 39.2 , subsection 4, paragraph "d".
b. Ballots cast but not counted as a vote for or against the proposition shall not be used in computing the total vote cast for and against said proposition.
2. [Deleted]

History

Amended by 2023 Iowa , ch 71 , s 119 , eff. 7/1/2023 , app. 7/1/2023 , 2023, for elections on propositions relating to the issuing of bonds or other indebtedness occurring on or after that date.

Amended by 2023 Iowa , ch 71 , s 118 , eff. 7/1/2023 , app. 7/1/2023 , 2023, for elections on propositions relating to the issuing of bonds or other indebtedness occurring on or after that date.

C31, 35, §1171-d4; C39, § 1171.18 ; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 75.1 2008 Acts, ch 1115, §29, 71; 2009 Acts, ch 133, §20