Legislation

Title: Department of Transportation – Grant Anticipation Revenue Vehicle Bonds
Sponsored by: Chair, Budget and Taxation Committee (By Request - Departmental - Transportation)
Status: In the Senate - Hearing 1/19 at 1:00 p.m.
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Repealing a requirement that the Capital Debt Affordability Committee include certain debt that is secured by future federal aid within its review of State tax supported debt; altering the calculation of the maximum amount of debt secured by future federal aid that the Department of Transportation may issue; increasing, from 12 years to 15 years, the maximum term of certain bonds; repealing the pledge of certain taxes to the payment of certain bonds secured by a pledge of future federal aid; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2022

By Request of the Governor

History

Legislation History
Chamber Senate Calendar Date 9/30/2021 Legislative Date 9/30/2021 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/12/2022 Legislative Date 1/12/2022 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Department of Transportation – Grant Anticipation Revenue Vehicle Bonds Proceedings
Chamber Senate Calendar Date 1/07/2022 Legislative Date 1/07/2022 Action Hearing 1/19 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	9/30/2021	9/30/2021	Pre-filed
Senate	1/12/2022	1/12/2022	First Reading Budget and Taxation
			Text - First - Department of Transportation – Grant Anticipation Revenue Vehicle Bonds
Senate	1/07/2022	1/07/2022	Hearing 1/19 at 1:00 p.m.

File Code

Subjects

Statutes