Repurposing Bond Authority

H.B. 2821 Repurposing Bond Elections
August 30, 2022

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Summary of H.B. 2821
Repurposing Bond Elections
1. Allows the Council to call an election to change the 
purposes for which the monies derived from the sale of 
bonds authorized at a prior election may be spent 
provided the bonds have not been issued.
2. Requires the Council to order the election to be held on 
the first Tuesday following the first Monday in November, 
the same day as typical bond elections.
3. Requires the election notice and procedures to be 
conducted in the same manner as typical bond elections.

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Summary of H.B. 2821
Repurposing Bond Elections -Continued
4. Requires, at least 35 days before the election, the Council 
to mail an informational pamphlet to each household within 
the political subdivision with a registered voter that contains 
the:
a) Election date;
b) Polling locations for the addressee;
c) Hours when the polls will be open;
d) Purposes for which the bonds were originally issued, as 
described in the informational pamphlet mailed before 
the prior election;

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Summary of H.B. 2821
Repurposing Bond Elections -Continued
Continued-
e. Proposed new purposes for the authorized bond 
monies;
f.
Proposed new projects and expenditures for which the 
authorized bond monies will be spent;
g. Arguments for and against changing the purposes for 
which the authorized bond monies may be spend.
5. Requires the ballot to contain the words “change capital 
improvements, yes” and “change capital improvements, 
no” and requires the voter signify their desired choice.
6. Last permitted election date is November 5, 2024.

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Questions?