Vote Recommendation | Economic Freedom | Property Rights | Personal Responsibility | Limited Government | Individual Liberty |
---|---|---|---|---|---|
Yes | Neutral | Neutral | Neutral | Positive | Neutral |
SB 461 would require any political subdivision, when issuing a proposition seeking voter approval for the issuance of bonds by the political subdivision, to specifically state the general information regarding the bond in the form of a debt obligation order. In addition to this, the political subdivision must report the effects the bond would have on taxes, and post a voter information document containing this and other general information. A political subdivision will provide this information on their website. This bill would not affect self-supporting public securities.