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DE SB145
Bill
Status
7/1/2013
Primary Sponsor
Robert Venables
Click for details
AI Summary
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Authorizes issuance of general obligation bonds by the State of Delaware for capital improvements in fiscal year ending June 30, 2014
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Appropriates funds from the Transportation Trust Fund and authorizes Delaware Transportation Authority to issue revenue bonds for transportation projects
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Appropriates general funds and special funds of the state for various capital projects with specified procedures and limitations on expenditures
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Allows reversion or reauthorization of any unexpended or unencumbered authorization balances (excluding Transportation Trust Fund balances) remaining after June 30, 2016
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Permits reverting and reprogramming of certain state funds and directs deposit of specific funds to the General Fund
Legislative Description
A Bond And Capital Improvements Act Of The State Of Delaware And Certain Of Its Authorities For The Fiscal Year Ending June 30, 2014; Authorizing The Issuance Of General Obligation Bonds Of The State; Appropriating Funds From The Transportation Trust Fund; Authorizing The Issuance Of Revenue Bonds Of The Delaware Transportation Authority; Appropriating Special Funds Of The Delaware Transportation Authority; Deauthorizing And Reauthorizing Certain Funds Of The Transportation Trust Fund; Appropriating General Funds And Special Funds Of The State; Reverting And Reprogramming Certain Funds Of The State; Directing The Deposit Of Certain Funds To The General Fund; Specifying Certain Procedures, Conditions And Limitations For The Expenditure Of Such Funds; And Amending Certain Statutory Provisions.
Last Action
Signed by Governor
7/1/2013