Revised for 2nd substitute: Concerning local funding for school district facilities.

This bill changes the voting threshold required for school districts to approve bonds for facility improvements from a three-fifths majority to a simple majority. It also modifies rules regarding impact fees, which are fees charged to new developments to help pay for public facilities. The bill repeals a section related to extending the use of school impact fees and makes its effective date contingent on a constitutional amendment related to local funding authority for school facilities being approved by voters.

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