Resources Authority; increases debt ceiling for bonds issued by and local obligations guaranteed by. (SB1451)

Introduced By

Sen. Chuck Colgan (D-Manassas)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Virginia Resources Authority; debt capacity. Increases the debt ceiling for bonds issued by and local obligations guaranteed by the Virginia Resources Authority, which assists localities to finance infrastructure projects, from $900 million to $1.5 billion without prior approval of the General Assembly. Read the Bill »


Bill Has Passed


01/20/2009Presented and ordered printed 094459812
01/20/2009Referred to Committee on Finance
01/23/2009Impact statement from DPB (SB1451)
01/27/2009Reported from Finance (10-Y 6-N) (see vote tally)
01/28/2009Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/29/2009Read second time and engrossed
01/30/2009Read third time and passed Senate (26-Y 12-N) (see vote tally)
02/13/2009Placed on Calendar
02/13/2009Read first time
02/13/2009Referred to Committee on Appropriations
02/16/2009Assigned App. sub: Capital Outlay (Ingram)
02/19/2009Subcommittee recommends reporting
02/23/2009Reported from Appropriations (24-Y 0-N) (see vote tally)
02/24/2009Read second time
02/25/2009Read third time
02/25/2009Passed House BLOCK VOTE (100-Y 0-N)
02/25/2009VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally)
03/09/2009Bill text as passed Senate and House (SB1451ER)
03/09/2009Impact statement from DPB (SB1451ER)
03/10/2009Signed by President
03/11/2009Signed by Speaker
03/27/2009G Approved by Governor-Chapter 324 (effective 7/1/09)
03/27/2009G Acts of Assembly Chapter text (CHAP0324)