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Limiting levies may invalidate existing bonds
Des Moines reports Iowa Senate passes a bill to cap public fund spendings, prompting debate over refunding or funding outstanding bonds. Legislation questions whether counties can issue new bonds to pay old ones and outlines statewide tax and debt concerns amid rising expenditures. A broader primary reform bill and other fiscal measures also surface, including a proposal to shift primary conventions and appointive systems.
MENTIONED IN THIS ARTICLE
Des Moines
Senate
Iowa
House
Tuck
White
Fulton
Jefferson County
Data
Ota