2003 Regular Session

HOUSE BILL 444

CHAPTER NUMBER: 153 File Code: Capital Budget Crossfiled with: SENATE BILL 316
Sponsored By:
Delegate Heller (Joint Committee on the Management of Public Funds) and Delegates Conway, Edwards, and Marriott
Entitled:
General Obligation Bonds - Termination of Authorization

Synopsis:

Providing for the termination of authority to spend specified appropriations for specified capital expenditures after 7 years; establishing exceptions to the termination of authority; clarifying that the authority to spend specified appropriations terminates if a matching fund requirement is not met; prescribing specified language requiring the expenditure or encumbrance of bond proceeds within 7 years to be included in enabling acts; etc.

History by Legislative Date

House Action
2/5
First Reading Appropriations
Hearing 2/13 at 11:00 a.m.
2/11
Hearing cancelled
Hearing 2/13 at 1:00 p.m.
3/10
Favorable with Amendments Report by Appropriations
3/11
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/13
Third Reading Passed (136-0)
3/31
Returned Passed
4/22
Signed by the Governor Chapter 153
Senate Action
3/14
First Reading Budget and Taxation
4/2
Favorable Report by Budget and Taxation
3/31
Favorable Report Adopted
Second Reading Passed
4/1
Third Reading Passed (43-0)
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:
APPROPRIATIONS
CAPITAL BUDGETS
PUBLIC WORKS, BOARD OF
REPORTS
STATE BONDS
TREASURERS
Bill affects the following Statutes:
State Finance and Procurement
( 7-305 , 8-117 , 8-128 , 8-129 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
House
Number: 634867/01 (PDF)     Offered on: March 11, 2003   at: 10:14 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 13, 2003: Third Reading Passed (136-0)
Senate
April 1, 2003: Third Reading Passed (43-0)