Req. No. 7806 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 STATE OF OKLAHOMA 1st Session of the 59th Legislature (2023) COMMITTEE SUBSTITUTE FOR HOUSE BILL NO. 1445 By: Provenzano COMMITTEE SUBSTITUTE An Act relating to schools; requiring school district to post information about issuing bonds prior to an election on its website; providing timeline for posting; listing information to be included; requiring information to remai n posted if approved by electors; directing posting of certain updated information regarding bond projects; providing timing for posting update; exempting certain bond projects from act requirements; providing for codification; and providing an effective date. BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new sec tion of law to be codified in the Oklahoma Statutes as Section 15-110 of Title 70, unless there is created a duplication in numbering, reads as follows: A. When a school district board of education call s an election for the purpose of issuing bonds pursuant to Section 15-102 of Title 70 of the Oklahoma Statutes, the school district s hall, at least thirty (30) days prior to th e election, post on its website a copy of the bond proposal, including each project to be funded by the Req. No. 7806 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 bond proceeds, a description of each project, and the estimated cost for each project. B. If electors approve the issuing of bonds at an election, the school district shall continue to post on its website the bond information required by subsection A of this section for the duration of the bond and one year aft er completion of all bond projects. The information posted on the school district website shall also include updates when there is a material change in the scope of the projects and their purpose as stated at the time the board of education calls the bond election. The updated information shall be posted online within thirty (30) days following approval of the project changes by the board of education . C. This act shall not apply to any bond projects approved by electors prior to the effective date of this act. SECTION 2. This act shall become effective November 1, 2023. 59-1-7806 EK 02/28/23