Higher educational institutions; Virginia College Building Authority to issue credit enhancements. (HB2264)

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
01/12/2011Committee
01/12/2011Prefiled and ordered printed; offered 01/12/11 11102912D
01/12/2011Referred to Committee on Education
01/18/2011Assigned Education sub: #4 Higher Education and Arts
01/25/2011Impact statement from DPB (HB2264)
01/25/2011Subcommittee recommends reporting (5-Y 2-N)
01/25/2011Subcommittee recommends referring to Committee on Appropriations
01/31/2011Reported from Education (21-Y 1-N) (see vote tally)
01/31/2011Referred to Committee on Appropriations
01/31/2011Assigned App. sub: Capital Outlay
02/08/2011Left in Appropriations

Duplicate Bills

The following bills are identical to this one: HB1205.