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Bond Referendum Bill Passes Senate
By Wisconsin School Administrators Alliance staff | February 15, 2022
In Senate floor action today, Senate Bill 448, regarding including with a referendum question for issuing bonds a statement of the estimated interest accruing on the amount of the bonds, passed on a 20-12 vote. The Assembly companion bill, Assembly Bill 475, has not yet been scheduled for floor action. The SAA strongly opposes this bill.
Please see below the testimony SAA submitted to the Senate committee on the bill, along with a memo from Attorney Allison Buchanan of Quarles & Brady in which she expresses her concerns about the bill from a bond counsel perspective.
Stay tuned.
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