90th General Assembly
Summary of SB0888
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Senate Sponsors:
BERMAN-CARROLL-WELCH-O'DANIEL-SEVERNS, JACOBS, REA, 
   GARCIA, FARLEY, SHAW, TROTTER, HENDON, MOLARO, 
   CLAYBORNE AND OBAMA.

Short description: 
SCHOOL CONSTRCTION BONDS-INDEX                                             

Synopsis of Bill as introduced:
        Amends the Capital Development Board Act by  changing  the  grant      
   index applicable to grants to school districts for school construction      
   projects  to an enrollment based formula from a weighted average daily      
   attendance based formula.  Also amends the General Obligation Bond Act      
   to increase the State's bonding authority by $500,000,000,  earmarking      
   that  increase  exclusively for specified types of school construction      
   projects over a 10 year period.  Effective immediately.                     
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



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