393.097 - Duty to submit recommendations for financing costs for construction to Legislature; oversight panels required to approve or deny request for issuance of certain bonds.
393.097 Duty to submit recommendations for financing costs for construction to Legislature; oversight panels required to approve or deny request for issuance of certain bonds.
1. On or before July 1 of each even-numbered year, each oversight panel for school facilities established in a county whose population is 100,000 or more pursuant to NRS 393.092 and each board of trustees of a school district in a county whose population is less than 100,000 shall submit to the Director of the Legislative Counsel Bureau for transmittal to the next regular session of the Legislature written recommendations for financing the costs of new construction, design, maintenance and repair of school facilities.
2. In a county whose population is 100,000 or more, the oversight panel for school facilities shall review and approve or disapprove a request by the board of trustees of the school district for the issuance of general obligation bonds pursuant to subsection 4 of NRS 350.020.
(Added to NRS by 1997, 2457)