Higher educational institutions; modifications to prior revenue bond bills, emergency. (HB1392)

Introduced By

Del. Lacey Putney (I-Bedford)

Progress

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

Description

Revenue bond bills for higher education; modifications. Modifies revenue bond bills for institutions of higher education enacted in 2008 by changing a project at Radford University from "construct residence halls" to "renovate residence halls." The bill also modifies revenue bond bills for institutions of higher education enacted in 2012 by (i) changing a project at the College of William and Mary from "renovate dormitory" to "renovate dormitories," (ii) increasing the amount allocated for such project from $5,000,000 to $14,650,000, and (iii) increasing the maximum aggregate amount of bonds that may be issued from $125,594,000 to $135,244,000. The bill states that an emergency exists and that the bill is in force from its passage. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
12/17/2012Committee
12/17/2012Prefiled and ordered printed with emergency clause; offered 01/09/13 13101285D
12/17/2012Referred to Committee on Appropriations
01/08/2013Assigned App. sub: Capital Outlay
01/16/2013Subcommittee recommends reporting with amendment(s) (8-Y 0-N)
01/16/2013Impact statement from DPB (HB1392)
01/16/2013Subcommittee recommends reporting (8-Y 0-N)
01/21/2013Reported from Appropriations (17-Y 0-N) (see vote tally)
01/23/2013Read first time
01/24/2013Read second time and engrossed
01/25/2013Read third time and passed House BLOCK VOTE (98-Y 0-N)
01/25/2013VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally)
01/28/2013Constitutional reading dispensed
01/28/2013Referred to Committee on Finance
02/05/2013Reported from Finance (11-Y 0-N) (see vote tally)
02/06/2013Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/07/2013Read third time
02/07/2013Passed Senate (40-Y 0-N) (see vote tally)
02/11/2013Enrolled
02/11/2013Bill text as passed House and Senate (HB1392ER)
02/11/2013Signed by Speaker
02/12/2013Signed by President
02/12/2013Impact statement from DPB (HB1392ER)
02/20/2013G Approved by Governor-Chapter 8 (effective 2/20/13)
02/20/2013G Acts of Assembly Chapter text (CHAP0008)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 1 minute.

Duplicate Bills

The following bills are identical to this one: SB754.

Comments

Stephen writes:

These bonds will some day need to be cashed in, if the state doesn't have the money now, it never will. And whats with the 10 million dollar jump from just 2008, seems like the planner needs to be replaced.