2011 Idaho Code
TITLE 34 ELECTIONS
CHAPTER 4 VOTERS -- PRIVILEGES, QUALIFICATIONS AND REGISTRATION
34-439 DISCLOSURES IN ELECTIONS TO AUTHORIZE BONDED INDEBTEDNESS.
Disclosures in elections to authorize bonded indebtedness. Notwithstanding any other provision of law, any taxing district which proposes to submit any question to the electors of the district that would authorize any bonded indebtedness shall provide a brief official statement setting forth in simple, understandable language, information on the proposal substantially as follows:
(1) The total existing indebtedness, including interest accrued, of the taxing district;
(2) The interest rate which is anticipated on the proposed bond issue, the range of anticipated rates, and the maximum rate if a maximum is specified in the submission of the question; and
(3) The total amount to be repaid over the life of the bond issue based on the anticipated interest rate, if the bond election is approved.
The verified, official district's statement shall be made a part of the official ballot and be included in the official notice of the election.
Disclaimer: These codes may not be the most recent version. Idaho may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
