| | Sec. B-10. Referendum for ratification; submission at statewide election; form of question; | effective date. This Part must be submitted to the legal voters of | the State at a statewide election held on the Tuesday | following the first Monday of November following passage of | this Part. The municipal officers of this State shall notify | the inhabitants of their respective cities, towns and | plantations to meet, in the manner prescribed by law for | holding a statewide election, to vote on the acceptance or | rejection of this Part by voting on the following question: |
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| "Do you favor a $30,000,000 bond issue to increase the | State's School Revolving Renovation Fund for capital | repairs and improvements in public school facilities to | address health, safety and compliance deficiencies, | general renovation needs and learning space upgrades?" |
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| | The legal voters of each city, town and plantation shall | vote by ballot on this question and designate their choice by | a cross or check mark placed within a corresponding square | below the word "Yes" or "No." The ballots must be received, | sorted, counted and declared in open ward, town and plantation | meetings and returns made to the Secretary of State in the | same manner as votes for members of the Legislature. The | Governor shall review the returns and, if a majority of the | legal votes are cast in favor of this Part, the Governor shall | proclaim the result without delay, and this Part becomes | effective 30 days after the date of the proclamation. |
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| | The Secretary of State shall prepare and furnish to each | city, town and plantation all ballots, returns and copies of | this Part necessary to carry out the purposes of this | referendum. |
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| | This bill provides funds through a bond issue, in the amount | of $30,000,000, to be used to increase funds in the School | Revolving Renovation Fund for repairs and improvements in | public school facilities to address health, safety and | compliance deficiencies, general renovation needs and learning | space upgrades. |
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| | This bill also requires that 15% of funds awarded from the | School Revolving Renovation Fund for renovation projects must | be used for aspects of the renovation that promote energy | efficiency. |
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