Concerning school districts' authority to contract indebtedness for school construction.

HB 1796 modifies the authority of Washington state school districts to borrow money for school construction, modernization, or property acquisition. It allows districts to issue bonds or other debt for these purposes without a direct public vote, provided they have prior voter approval for a school facilities levy and have not been under specific state oversight in the last three years. For debt exceeding $250,000, districts must publish public notice and hold a hearing before issuing the bonds. These public notice and hearing requirements do not apply to refinancing existing debt.