VA HB33 | 2010 | Regular Session

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on December 18 2009 - 25% progression, died in committee
Action: 2010-02-16 - House: Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Comm Sub) [HTML]

Summary

State and local debt; estimates of debt service costs required. Requires that bond authorizations by the Commonwealth or by local governments that require voter approval shall include in the published notice estimates of the number of years to amortize the debt and the estimated total debt service to be paid on the principal amount of the bonds. Local governments will be required to provide the same information in public hearing notices for bonds that require a public hearing but not voter approval. In addition, the ballot question is required to include an estimate of the anticipated number of years over which the debt will be amortized and the total estimated debt service payable on the principal amount of the bonds until their retirement.

Tracking Information

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Title

Debt, state and local; estimates of debt service costs to be included in ballot question.

Sponsors


Roll Calls

2010-01-29 - House - House: Reported from Counties, Cities and Towns with substitute (17-Y 4-N) (Y: 17 N: 4 NV: 1 Abs: 0) [PASS]
2010-01-27 - House - House: Subcommittee recommends reporting with amendment(s) (10-Y 0-N) (Y: 10 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2010-02-16 House: Left in Appropriations
2010-02-11 House: Subcommittee recommends laying on the table by voice vote
2010-02-02 House: Assigned App. sub: Capital Outlay
2010-01-29 House: Referred to Committee on Appropriations
2010-01-29 House: Committee substitute printed 10104661D-H1
2010-01-29 House: Reported from Counties, Cities and Towns with substitute (17-Y 4-N)
2010-01-27 House: Subcommittee recommends reporting with amendment(s) (10-Y 0-N)
2010-01-15 House: Assigned CC & T sub: #1
2009-12-18 House: Referred to Committee on Counties, Cities and Towns
2009-12-18 House: Prefiled and ordered printed; offered 01/13/10 10100588D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
1522606(n/a)See Bill Text
1522610.1(n/a)See Bill Text

Virginia State Sources


Bill Comments

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