2008 House Bill 5888

Allow deeper state government borrowing and debt

Introduced in the House

March 12, 2008

Introduced by Rep. Alma Smith (D-54)

To raise by $1.1 billion the amount of borrowing the state may undertake for various government construction projects. The current debt limit (“bond cap”) is $2.7 billion, and this would rise to $3.8 billion.

Referred to the Committee on Appropriations