(at the request of House Interim Committee on Transportation and Economic Development)
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Bill Title:
Relating to lottery bonds; declaring an emergency.
Catchline/Summary:
Increases amount of lottery bonds issued to finance grants and loans for transportation projects by $10 million for biennium beginning July 1, 2011. Increases amount of lottery bonds issued to finance grants and loans for transportation projects by $10 million for biennium beginning July 1, 2011.
Authorizes $10 million in lottery bonds to be issued for water and sewer infrastructure projects.
Authorizes $10 million in lottery bonds to be issued for community college capital construction. Specifies projects to be funded by proceeds. Requires Department of Community Colleges and Workforce Development to submit to Legislative Assembly progress report on projects.Authorizes $20 million in lottery bonds to be issued for Oregon Growth Account.]
Declares emergency, effective on passage.
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HB 4028 Joint Committee On Ways and Means
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