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2019 Regular Session
At the request of:
Chief Sponsors:
Regular Sponsors:
Bill Title: Relating to bonds to finance pension liabilities; prescribing an effective date.
Catchline/Summary: Provides that certain public bodies and intergovernmental entities may not issue bonds to finance pension liabilities without first obtaining independent assessment of likelihood that investment returns on bond proceeds will exceed interest cost of bonds and issuing public report relating to proposed bond issuance.
Chapter Number:
Fiscal Impact: Fiscal Impact Issued
Revenue Impact: No Revenue Impact
Measure Analysis: Staff Measure Summary / Impact Statements
Current Location: In House Committee
Current Committee: Joint Committee On Ways and Means
Current Subcommittee:
Subsequent Referral(s):
Potential Conflicts of Interest/Vote Explanations: Potential Conflicts of Interest/Vote Explanation Documents
Measure History
Scheduled Events