SB 870 Short-term indebtedness of public services companies.
Jackson E. Reasor, Jr. | all patrons    ...    notes
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Summary:
Short-term indebtedness of public services companies. Changes from five to 12 the threshold percentage of the amount of short-term indebtedness as a percentage of a utility's total capitalization that serves to exempt a public service company from the provisions of Chapter 3 of Title 56, relating to the issuance of securities. Under 56-65.1, unless a public service company's short-term indebtedness aggregates not more than 12 percent (as amended by this bill) of the utility's total capitalization, the provisions of Chapter 3 apply to the issuance of any note or notes by any public service company which has total capitalization of five million dollars or more.

Full text:
01/20/95  Senate: Presented & ordered printed LD7642727  pdf
02/21/95  Senate: Bill text as passed Senate and House (SB870ER)  pdf
03/13/95  Governor: Acts of Assembly Chapter text (CHAP0137)  pdf

Amendments:
House amendments

Status:
01/20/95  Senate: Presented & ordered printed LD7642727
01/20/95  Senate: Referred to Committee on Commerce and Labor
01/30/95  Senate: Reported from Commerce and Labor (11-Y 0-N)
01/31/95  Senate: Constitutional reading dispensed (39-Y 0-N)
01/31/95  Senate: VOTE: CONST. READING DISPENSED (39-Y 0-N)
02/01/95  Senate: Read second time and engrossed
02/01/95  Senate: Constitutional reading dispensed (40-Y 0-N)
02/01/95  Senate: VOTE: CONST. READING DISPENSED (40-Y 0-N)
02/01/95  Senate: Passed Senate (38-Y 0-N)
02/01/95  Senate: VOTE: PASSAGE (38-Y 0-N)
02/01/95  Senate: Rec. of passage agreed to by Senate (40-Y 0-N)
02/01/95  Senate: VOTE: RECONSIDER (40-Y 0-N)
02/01/95  Senate: Passed Senate (40-Y 0-N)
02/01/95  Senate: VOTE: PASSAGE (40-Y 0-N)
02/01/95  Senate: Communicated to House
02/02/95  House: Placed on Calendar
02/03/95  House: Read first time
02/03/95  House: Referred to Committee on Corporations, Insurance and Banking
02/09/95  House: Reported from C. I. B. w/amds. (21-Y 0-N)
02/10/95  House: Read second time
02/13/95  House: Read third time
02/13/95  House: Committee amendments agreed to
02/13/95  House: Engrossed by House as amended
02/13/95  House: Passed House with amendments (97-Y 0-N)
02/13/95  House: VOTE: PASSAGE (97-Y 0-N)
02/15/95  Senate: Reading of amendments waived
02/15/95  Senate: House amendments agreed to by Senate (40-Y 0-N)
02/15/95  Senate: Title replaced
02/15/95  Senate: VOTE: CONCUR HOUSE AMENDMENT (40-Y 0-N)
02/21/95  Senate: Bill text as passed Senate and House (SB870ER)
02/24/95  Senate: Enrolled
02/25/95  House: Signed by Speaker
02/25/95  Senate: Signed by President
03/09/95  Governor: Approved by Governor-Chapter 137 (effective 7/1/95)
03/13/95  Governor: Acts of Assembly Chapter text (CHAP0137)