DE SB137 | 2015-2016 | 148th General Assembly
Status
Spectrum: Strong Partisan Bill (Democrat 17-1)
Status: Introduced on June 11 2015 - 25% progression, died in chamber
Action: 2015-06-23 - Reported Out of Committee (FINANCE) in Senate with 5 On Its Merits
Text: Latest bill text (Draft #1) [HTML]
Status: Introduced on June 11 2015 - 25% progression, died in chamber
Action: 2015-06-23 - Reported Out of Committee (FINANCE) in Senate with 5 On Its Merits
Text: Latest bill text (Draft #1) [HTML]
Summary
Delaware’s Community College System plays a critical role in the State’s economy by providing workforce development and transfer education that connects Delawareans with good paying jobs within the State and region. This Act gives the College’s Board of Trustees the authority to issue bonds to finance the cost of major and minor capital improvements, deferred maintenance, and the acquisition of related equipment and educational technology associated therewith and establishes the Community College Infrastructure Fund to pay the principal and interest on such bonds. This Act adopts the county vo-tech structure to finance the Fund by authorizing the College’s Board of Trustees to collect a local property tax subject to a cap.
Title
An Act To Amend Title 14 And Title 29 Of The Delaware Code Relating To The Establishment Of A Community College Infrastructure Fund.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2015-06-23 | Senate | Reported Out of Committee (FINANCE) in Senate with 5 On Its Merits |
2015-06-11 | Senate | Assigned to Finance Committee in Senate |