MORROW. New Act Creates the Debt Issuance Reform Act. Requires bonds issued by specified State agencies to be sold to the highest bidder, by sealed bid, for an interest rate not exceeding the maximum rate fixed in the order authorizing the issuance of the bonds. Prohibits employees of specified State officers and agencies from any discussions or dealings on matters pertaining to bond issuance with a former employee of a State agency or office for one year after the employee's termination of employment, if specified conditions are met. Requires former employees of State offices or agencies who engage in work related to the issuance of bonds by the State or its agencies to register with the Secretary of State. Willful failure to register is a Class A misdemeanor. Provides that registration statements shall be made available to State agencies upon request. STATE DEBT IMPACT NOTE HB1024 would not impact the level of State debt, but could have an impact on the debt service requirements of future bond issues. 97-02-26 H FIRST READING 97-02-26 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-02-27 H ASSIGNED TO COMMITTEE APP-PUB SAFTY 97-03-13 H STATE DEBT IMPACT NOTE FILED 97-03-13 H COMMITTEE APP-PUB SAFTY 97-03-21 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary