Amends existing law to revise provisions regarding voter approval of the assumption of bonded indebtedness when an area is proposed to be excised from a school district.

IdahoCode§33-308allowsschooldistrictpatronstochangeschooldistrictsundercertainconditions. When the district from which the patrons are leaving has bonded indebtedness, the result is a tax shift onto the remaining school district taxpayers to pay the pro-rata portion of the bond no longer being shared by the departing patrons. The bond debt stays with the school district where it is paid by the remaining taxpayers. While the school district patrons seeking to change districts are required to vote under current law, those remaining in the district never get to vote on the newly-increased pro-rata obligation. This proposed legislation would require a vote of the entire school district to approve a departure from a district where the proposed excision would remove fifteen-percent (15%) or more of the taxable value in the district thereby shifting fifteen-percent (15%) of the bond payments onto the remaining taxpayers.