College Building Authority; acquire credit enhancements to secure payment of bonds issued. (SB454)
Introduced By
Sen. Frank Ruff (R-Clarksville)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Private institutions of higher education; credit enhancement. Allows the Virginia College Building Authority to issue or acquire credit enhancements to secure payment of bonds issued by the Authority. Credit enhancements include, without limitation, surety bonds, insurance policies, letters of credit, guarantees and other forms of collateral or security as well as capital reserve funds for private institutions of higher education. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/13/2010 | Prefiled and ordered printed; offered 01/13/10 10103961D |
01/13/2010 | Referred to Committee on Education and Health |
01/21/2010 | Rereferred from Education and Health (15-Y 0-N) (see vote tally) |
01/21/2010 | Rereferred to Finance |
01/27/2010 | Impact statement from DPB (SB454) |
02/16/2010 | Continued to 2011 in Finance (15-Y 0-N) (see vote tally) |