Bill Text | History of Actions | Background | Title |
Description: Bond debt service; paid from certain funds available to Treasurer instead of from general funds.
Bill Text: [Introduced]
| 1 | 01/08 (H) Referred To Appropriations | |
| 2 | 02/05 (H) Died In Committee |
| Effective date | July 1, 2002 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Principal Author: Fleming
Title: AN ACT TO PROVIDE THAT THE DEBT SERVICE ON STATE GENERAL OBLIGATION BONDS SHALL NOT BE PAID BY ANNUAL APPROPRIATION FROM THE STATE GENERAL FUND, BUT SHALL BE PAID BY THE STATE TREASURER WITH OTHER FUNDS AVAILABLE TO THE TREASURER THAT ARE NOT SPECIFICALLY OBLIGATED FOR OTHER PURPOSES; TO CREATE A SPECIAL FUND IN THE STATE TREASURY TO BE KNOWN AS THE LEGISLATIVE BUDGET DISCRETIONARY APPROPRIATION FUND, THE MONIES IN WHICH MAY BE APPROPRIATED BY THE LEGISLATURE FOR ANY LAWFUL PURPOSE; TO PROVIDE THAT THE STATE FISCAL OFFICER SHALL TRANSFER THE SUM OF $200,000,000.00 FROM THE STATE GENERAL FUND INTO THE SPECIAL FUND DURING EACH FISCAL YEAR; AND FOR RELATED PURPOSES.
End Of Document
2002/html/History/HB/HB0004.htm