Bill Status of SB0178 101st General Assembly
Short Description: BONDS-PENSION OBLIGATION
Sen. Omar Aquino
| 1/13/2021||Senate||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the General Obligation Bond Act. Authorizes the issuance of an additional $120,015,000,000 in State Serial Long Term Pension Obligation Bonds. Amends the State Pension Funds Continuing Appropriation Act to create a continuing appropriation for payments on those Bonds. Amends the State Finance Act to create the State Pension Serial Long Term Obligation Bond Fund. Effective immediately.