LANG-SCOTT AND BUGIELSKI.
GO BONDS-COLLEGE SAVINGS BONDS
Synopsis of Bill as introduced:
Amends the General Obligation Bond Act and the Baccalaureate
Savings Act. Authorizes the amount of $2,200,000,000 (now
$1,700,000,000) for College Savings Bonds. Effective immediately.
STATE DEBT IMPACT NOTE
Debt impact summary: increase:
General Obligation principal $500.0 million
Potential general obligation debt $978.6 million
Annual debt service payments $ 39.1 million
Last action on Bill: SESSION SINE DIE
Last action date: 99-01-12
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status