College Building Authority; acquire credit enhancements to secure payment of bonds issued. (HB1205)

Introduced By

Del. Harvey Morgan (R-Gloucester)

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

DateAction
01/13/2010Presented and ordered printed 10100662D
01/13/2010Referred to Committee on Appropriations
01/19/2010Assigned App. sub: Capital Outlay
01/27/2010Impact statement from DPB (HB1205)
02/11/2010Subcommittee recommends continuing to 2011
02/12/2010Continued to 2011 in Appropriations
12/02/2010Left in Appropriations

Duplicate Bills

The following bills are identical to this one: HB2264.