In the House of Delegates
April 17, 2002
THE HOUSE OF DELEGATES HAS AMENDED IN ACCORDANCE WITH THE RECOMMENDATIONS OF THE GOVERNOR THE FOLLOWING HOUSE BILLS:
Patrons--Landes and Howell; Senators: Edwards and Mims
H.B. 99 An Act authorizing the issuance of Commonwealth of Virginia General Obligation Bonds in an amount not exceeding $900,488,645 for the purpose of financing the cost of capital projects for educational facilities; authorizing the Treasury Board, by and with the consent of the Governor, to fix the details of the bonds and to provide for the sale of the bonds; authorizing the Treasury Board, by and with the consent of the Governor, to borrow money in anticipation of the issuance of the bonds; authorizing the issuance of refunding bonds, by and with the consent of the Governor; providing for the pledge of the full faith and credit of the Commonwealth for the payment of such obligations; providing that the interest income on such obligations shall be exempt from all taxation by the Commonwealth and any political subdivision thereof; and providing that this act shall not become effective and that no bonds shall be issued hereunder unless this act is approved by a majority of the qualified voters of the Commonwealth voting thereon at an election, as required by Article X, Section 9 (b) of the Constitution of Virginia.
Patrons--Callahan, Albo, Almand, Amundson, Armstrong, Baskerville, Bland, Bolvin, Christian, Crittenden, Darner, Hull, Jones, D.C., McQuigg, Moran, Morgan, Petersen, Pollard, Scott, Shuler, Spruill, Suit, Van Yahres and Welch; Senator: Rerras
Engrossed by House - committee substitute 023276660-H1
IN WHICH ACTION IT REQUESTS THE CONCURRENCE OF THE SENATE.
Bruce F. Jamerson
Clerk, House of Delegates