

2007 House Bill 4850: Borrow to pay for current spending (House Roll Call 187)
Passed 80 to 26 in the House on May 30, 2007, to borrow $410 million to avoid spending cuts in the Fiscal Year 2006-2007 state budget. The bill does this by increasing from $400 million to $810 million the borrowing authorized under the “21st Century Jobs Fund” business subsidy program. The first $400 million of that debt was loans with a duration of approximately 20 years. Note: Reportedly, the bill may be amended to authorize an additional $300 million in borrowing to pay for current year spending. The House Fiscal Agency notes that depending on the timing and structure of the borrowing this will impose annual debt service payments of $40 million to $46 million for the next 20 years.
View All of House Bill 4850: History, Amendments & Comments
The vote was 80 in favor, 26 against, and 4 not voting.
(House Roll Call 187 at House Journal 55)
Comment on this vote View others' comments Add to scorecard
![]()
|
|
|
|
![]()
Borrow to pay for current spending
IN FAVOR
HOUSE DEMOCRATS
HOUSE REPUBLICANS
AGAINST
HOUSE DEMOCRATS
| Bennett (D) | Byrnes (D) | Lindberg (D) | Miller (D) | Smith, Alma (D) |
| Vagnozzi (D) | Warren (D) |
HOUSE REPUBLICANS
HOUSE LEGISLATORS WHO DID NOT VOTE
| Accavitti (D) | Cushingberry (D) | DeRoche (R) | Leland (D) |
HOUSE LEGISLATORS ALL VOTES
House Roll Call 187 on 2007 House Bill 4850
![]()