Hampton Roads area refuse collection authority; financial planning. (SB1141)

Introduced By

Sen. John Cosgrove (R-Chesapeake)

Progress

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

Description

Hampton Roads area refuse collection authority; financial planning. Changes various requirements of the Southeastern Public Service Authority (the Authority) when budgeting or incurring debt, including (i) changing the required five-year overall strategic plan to a financial plan, (ii) specifying that detailed financial plans be made only when incurring long-term debt or issuing new debt, (iii) authorizing other qualified financial consultants instead of a certified public accountant to assist in the creation of the detailed financial plan, (iv) changing from the Authority's Board of Directors to the Authority the body that performs a due diligence investigation of the appropriateness of issuing new debt, and (v) raising the permissible threshold for the executive director of the authority to execute or commit the authority to a contract, memorandum of agreement, or memorandum of understanding without acquiring Board approval. Read the Bill »

Status

03/24/2021: signed by governor

History

DateAction
01/04/2021Prefiled and ordered printed; offered 01/13/21 21101888D
01/04/2021Referred to Committee on Local Government
01/18/2021Reported from Local Government (13-Y 0-N 1-A) (see vote tally)
01/19/2021Constitutional reading dispensed (38-Y 0-N) (see vote tally)
01/20/2021Read second time and engrossed
01/21/2021Read third time and passed Senate (39-Y 0-N) (see vote tally)
02/02/2021Placed on Calendar
02/02/2021Read first time
02/02/2021Referred to Committee on Counties, Cities and Towns
02/08/2021Continued to Special Session 1 in Counties, Cities and Towns
02/19/2021Reported from Counties, Cities and Towns (21-Y 0-N)
02/23/2021Read second time
02/24/2021Read third time
02/24/2021Passed House BLOCK VOTE (97-Y 0-N)
02/24/2021VOTE: Block Vote Passage (97-Y 0-N)
02/26/2021Enrolled
02/26/2021Bill text as passed Senate and House (SB1141ER)
02/26/2021Signed by Speaker
02/27/2021Signed by President
03/01/2021Enrolled Bill Communicated to Governor on March 1, 2021
03/01/2021G Governor's Action Deadline 11:59 p.m., March 31, 2021
03/24/2021G Approved by Governor-Chapter 325 (effective 7/1/21)
03/24/2021G Acts of Assembly Chapter text (CHAP0325)