Bill Status of HB5205 97th General Assembly
Short Description: LOCAL GOVT DEBT-FINDING
Rep. Mike Fortner
| 1/8/2013||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Local Government Debt Reform Act. Provides that, whenever a governmental unit has been granted the power or authority to issue bonds, the governmental unit may incur debt provided that the governmental unit shall first make a finding that the particular instrument of indebtedness selected is the most cost-effective means and is the most appropriate method for the particular purpose for which the funds are to be used. Effective immediately.
|Date||Chamber|| Action|| 2/8/2012||House||Filed with the Clerk by Rep. Mike Fortner|| 2/8/2012||House||First Reading|| 2/8/2012||House||Referred to Rules Committee|| 1/8/2013||House||Session Sine Die|