Introduced
by
To revise the designation of which state government bond rates will establish the index on which interest rates are based for money lent by the state to schools for construction projects. Reportedly the current benchmark rate is too low, so school districts are depleting the fund.
Referred to the Committee on Appropriations
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 37 to 0 (details)
Referred to the Committee on Appropriations
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 105 to 2 (details)
To revise the designation of which state government bond rates will establish the index on which interest rates are based for money lent by the state to schools for construction projects. Reportedly the current benchmark rate is too low, so school districts are depleting the fund.
