HB 473 Public Building Authority; correctional facilities.
Robert E. Harris | all patrons    ...    notes
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Virginia Public Building Authority. Authorizes the Authority to finance or refinance the Commonwealth's payments, made pursuant to Title 53.1, of its portion of the costs of local and regional correctional facilities. To accommodate this additional bond authority, the bill also (i) increases the current $990 million VPBA bond cap by $335 million to $1,325 million and (ii) expands the definition of "project" to include such financing and refinancing. The bill authorizes the Governor to designate the chairman of the Authority to serve at his pleasure (currently, the Authority elects its own chairman) and permits the vice-chairman (elected by the Authority) to exercise the powers and duties of the chairman in the absence thereof.

Full text:
01/18/96  House: Presented & ordered printed 967162809  pdf

01/18/96  House: Presented & ordered printed 967162809
01/18/96  House: Referred to Committee on General Laws
01/19/96  House: Assigned to General Laws sub-committee: 5
01/25/96  House: Reported from General Laws (21-Y 0-N)
01/25/96  House: Referred to Committee on Appropriations
02/13/96  House: Passed by indefinitely in App. (20-Y 1-N)