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
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. Read the Bill »

Outcome

Bill Has Failed

History

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