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HI HB51
Bill
Status
Passed
6/20/2013
Primary Sponsor
Sylvia Luke
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AI Summary
- Authorizes issuance of general obligation bonds to finance project appropriations designated as general obligation bond funds or reimbursable general obligation bond funds in prior legislative acts
- Requires a constitutional declaration of findings that the total principal and interest of authorized bonds will not exceed the State's debt limit at time of issuance
- Committee on Finance finds that all bonds authorized under this measure, combined with previously authorized and outstanding bonds, will not cause the debt limit to be exceeded
- Department of Budget and Finance testified in support of the measure
- Committee recommends passage and placement on calendar for Third Reading
Legislative Description
State Bonds
Last Action
Act 132, 6/18/2013 (Gov. Msg. No. 1232).
6/20/2013
Committee Referrals
Ways and Means3/5/2013
Finance1/18/2013
Full Bill Text
No bill text available