Smart Bond Information
The Smart Schools Bond Act was passed in the 2014‐15 Enacted Budget and approved by the voters in
a statewide referendum held during the 2014 General Election on Tuesday, November 4, 2014. The
Smart Schools Bond Act (SSBA) authorized the issuance of $2 billion of general obligation bonds to
finance improved educational technology and infrastructure to improve learning and opportunity for
students throughout the State.