Debt, state and local; estimates of debt service costs to be included in ballot question. (HB33)

Introduced By

Del. Bob Marshall (R-Manassas)

Progress

√
 Introduced
X
 Passed Committee
☐
 Passed House
☐
 Passed Senate
☐
 Signed by Governor
☐
 Became Law

Description

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. Amends § 15.2-2606, of the Code of Virginia. View Full Text »

Outcome

Bill Has Failed

History

  • 12/18/2009 Committee
  • 12/18/2009 Prefiled and ordered printed; offered 01/13/10 10100588D
  • 12/18/2009 Referred to Committee on Counties, Cities and Towns
  • 01/14/2010 Impact statement from DPB (HB33)
  • 01/15/2010 Assigned CC & T sub: #1
  • 01/27/2010 Subcommittee recommends reporting with amendment(s) (10-Y 0-N)
  • 01/29/2010 Reported from Counties, Cities and Towns with substitute (17-Y 4-N) (see vote tally)
  • 01/29/2010 Committee substitute printed 10104661D-H1
  • 01/29/2010 Referred to Committee on Appropriations
  • 02/02/2010 Assigned App. sub: Capital Outlay
  • 02/09/2010 Impact statement from DPB (HB33H1)
  • 02/11/2010 Subcommittee recommends laying on the table
  • 02/16/2010 Left in Appropriations