Private capital lending; allows local government, etc., to enter into certain conduit agreements. (SB718)

Introduced By

Sen. Tommy Norment (R-Williamsburg)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Private capital lending for local governments and public institutions of higher education.  Allows a local government or public institution of higher education to enter into certain conduit lending agreements to finance certain capital projects. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/22/2010Presented and ordered printed 10104196D
01/22/2010Referred to Committee on Local Government
02/02/2010Reported from Local Government (14-Y 0-N 1-A) (see vote tally)
02/04/2010Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/08/2010Passed by for the day
02/09/2010Read second time
02/09/2010Passed by for the day
02/10/2010Read second time
02/10/2010Reading of amendment waived
02/10/2010Amendment by Senator Norment agreed to
02/10/2010Engrossed by Senate as amended SB718E
02/10/2010Printed as engrossed 10104196D-E
02/11/2010Read third time and passed Senate (39-Y 1-N) (see vote tally)
02/17/2010Placed on Calendar
02/17/2010Read first time
02/17/2010Referred to Committee on Counties, Cities and Towns
02/18/2010Impact statement from DPB (SB718E)
02/22/2010Assigned CC & T sub: #2
02/25/2010Subcommittee recommends reporting with amendment(s) (11-Y 0-N)
02/26/2010Reported from Counties, Cities and Towns with substitute (22-Y 0-N) (see vote tally)
02/26/2010Committee substitute printed 10105640D-H1
02/26/2010Referred to Committee on Appropriations
02/26/2010Assigned App. sub: Capital Outlay
03/01/2010Subcommittee recommends laying on the table
03/14/2010Left in Appropriations

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 3 clips in all, totaling 4 minutes.