Legislation
- Title
- Department of Transportation - Grant Anticipation Revenue Vehicle Bonds - Calculation of Debt Limit
- Sponsored by
- Chair, Budget and Taxation Committee (By Request - Departmental - Transportation)
- Status
- In the House - Conference Committee Appointed
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Altering the calculation of the maximum amount of debt secured by future federal aid that the Department of Transportation may issue; providing that the maximum amount of debt that may be issued is calculated as of June 30 of any year; and providing that the proceeds from the issuance of certain debt may be used only for certain purposes.
Committees
- Opposite:
- Appropriations
Committee Testimony
Details
Bill File Type: Pre-Filed
Effective Date(s): July 1, 2021
By Request of the Governor
History
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File Code
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Subjects
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Statutes
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3-601 )
Last Updated: 4/9/2021 1:39 PM