2003 Regular Session

HOUSE BILL 139

EMERGENCY BILL
File Code: Capital Budget Crossfiled with: SENATE BILL 126
Sponsored By:
Delegate Heller (Joint Committee on the Management of Public Funds) and Delegates Conway, Edwards, and Marriott
Entitled:
General Obligation Bonds - Accounting for Proceeds

Synopsis:

Requiring the Comptroller to establish the State and Local Facilities Loan Fund, a premium and expense account, and accounts and subaccounts for accounting purposes; requiring the Comptroller to credit, expend, and account for proceeds from the sale of State bonds in a specified manner; authorizing specified uses of bond proceeds; allowing the Comptroller to restate prior expenditures of bond proceeds; authorizing bond proceeds to be transferred to and expended from the State and Local Facilities Loan Fund; etc.

History by Legislative Date

House Action
1/24
First Reading Appropriations
1/29
Hearing 2/6 at 11:00 a.m.
4/7
Unfavorable Report by Appropriations
Senate Action
No Action
Sponsored by:
Delegate Henry B. Heller, District 19
Delegate Norman H. Conway, District 38B
Delegate George C. Edwards, District 1A
Delegate Salima Siler Marriott, District 40
Management of Public Funds, Joint Comm. on the
Bill indexed under the following Subjects:
COMPTROLLER
STATE BONDS
Bill affects the following Statutes:
State Finance and Procurement
( 8-125 , 8-125 , 8-127 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered