92nd General Assembly
Summary of SB0834
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Senate Sponsors:
WALSH,T.

House Sponsors:
MAUTINO-RUTHERFORD

Short description: 
CDB CONTRIBUTORY TRUST FUND                                                

Synopsis of Bill as introduced:
        Amends  the  State  Finance  Act  with  respect  to  the  Capital      
   Development Board Contributory Trust Fund. Requires  amounts  received      
   by  way  of  settlement  agreement  or  court  order  with  respect to      
   destroyed or damaged projects to be deposited into the  Fund.  If  the      
   specific project has been or is being repaired before receipt of funds      
   relating  to  that  project,  the funds may be used for other projects      
   that were damaged or destroyed. Provides  that  funds  unused  for  36      
   months  after  receipt  must  be deposited into the General Obligation      
   Bond Retirement and Interest Fund. Effective July 1, 2001.                  
 
Last action on Bill: PUBLIC ACT.............................. 92-0034

   Last action date: JUN-28-2001

           Location: Senate

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


   END OF INQUIRY 



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