GO BONDS-SCHOOL CONSTRUCTION
Synopsis of Bill as introduced:
Amends the General Obligation Bond Act. Increases by
$1,000,000,000 the amount authorized to be sold for grants to school
districts for school improvement projects authorized by the School
Construction Law. Distributes the increased authorization by
increasing the amount authorized to be sold in year 5 of the schedule
by $200,000,000 and in year 6 of the schedule by $330,000,000, and by
extending the schedule to a seventh and eighth year in which
$300,000,000 and $170,000,000 respectively are authorized to be sold.
Effective July 1, 2002.
Last action on Bill: SESSION SINE DIE
Last action date: JAN-07-2003
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status