Bill Text: CA AB1898 | 2009-2010 | Regular Session | Introduced

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Bill Title: Bonds.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2010-02-17 - From printer. May be heard in committee March 19. [AB1898 Detail]

Download: California-2009-AB1898-Introduced.html

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BILL NUMBER: AB 1898	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Caballero

                        FEBRUARY 16, 2010

   An act relating to bonds.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1898, as introduced, Caballero. Bonds.
   Existing law authorizes certain state and local governmental
entities to issue bonds to fund infrastructure projects, subject to
specified requirements and procedures.
   This bill would state the intent of the Legislature to enact
legislation to require the creation of a priority list of
infrastructure projects to ensure adequate funding for those projects
through the sale of bonds.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  It is the intent of the Legislature to enact
legislation to require the creation of a priority list of
infrastructure projects to ensure adequate funding for those projects
through the sale of bonds.