• Authorizes school, community college districts, and county education offices that evaluate safety, class size, information technology needs to issue bonds for construction, reconstruction, rehabilitation or replacement of school facilities if approved by majority of applicable jurisdiction's voters.
• New accountability requirements include annual performance, financial audits.
• Prohibits use of bonds for salaries or other school operating expenses.
• Requires that facilities be available to public charter schools.
• Authorizes property taxes higher than existing 1% limit by majority vote, rather than two-thirds currently required, as necessary to pay the bonds.