Question For Candidates

[mojo413]

I have an idea for legislation and I am wondering how candidates and citizens feel about my idea.

 

"No local government may issue bonds within any a fiscal year exceeding a total of 1% of their current annual budget without first conducting 3) advertised public hearings and obtaining taxpayer approval as a result of obtaining a majority vote in a referum held during the November General Election. Local government includes BOE, BOC, IBA, AA or any other board or authority located within the local government boundaries. Also any local governments total outstanding bond debt balance many not exceed 20% of their total annual budget".