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2017 Regular Session
Overview
At the request of:
Chief Sponsors: Senator Girod
Regular Sponsors: (Presession Filed)
Bill Title: Relating to prudent maximum General Fund-supported debt; declaring an emergency.
Catchline/Summary: Establishes prudent maximum amount of outstanding General Fund-supported debt as amount for which debt service due in biennium equals five percent of General Fund revenues estimated to be received in biennium.
Prohibits State Treasurer from incurring General Fund-supported debt in excess of prudent maximum amount. Declares emergency, effective July 1, 2017.
Chapter Number:
Fiscal Impact: No Fiscal Impact
Revenue Impact: No Revenue Impact
Measure Analysis: Staff Measure Summary / Impact Statements
Current Location: In Senate Committee
Current Committee: Joint Committee On Ways and Means
Current Subcommittee:
Subsequent Referral(s):
Measure History
Scheduled Events