SB 195 Public Building Authority; refunding of bonds issued by others.
William C. Wampler, Jr. | all patrons    ...    notes
| add to my profiles

Summary:
Virginia Public Building Authority; refunding of bonds issued by other issuers. Authorizes the Virginia Public Building Authority (VPBA) to refinance bonds issued by other state and local authorities and political subdivisions if the bonds are secured by a lease or other payment agreement with the Commonwealth. The current $1,386 million cap on VPBA-issued bonds is reduced to $1,140 million. The VPBA's authority to issue revenue bonds is made subject to the consent of the Governor. The Governor is authorized to designate the chairman of the VPBA. Currently, the members of the VPBA elect the chairman. The measure also provides that the format for statements of expected financing costs for the construction of jail projects is to be prescribed by the Department of the Treasury rather than by the Treasury Board. The measure clarifies requirements regarding the bidding for construction and other contracts for projects to be owned by the VPBA or any state agency.

Full text:
01/14/98  Senate: Presented & ordered printed 987245809  pdf
02/06/98  Senate: Printed as engrossed 987245809-E  pdf
04/01/98  Senate: Bill text as passed Senate and House (SB195ER)  pdf
04/22/98  Governor: Acts of Assembly Chapter text (CHAP0504)  pdf

Amendments:
House amendments
House amendments engrossed
Senate amendments

Status:
01/14/98  Senate: Presented & ordered printed 987245809
01/14/98  Senate: Referred to Committee on Finance
02/04/98  Senate: Reported from Finance with amendment (16-Y 0-N)
02/05/98  Senate: Constitutional reading dispensed (40-Y 0-N)
02/05/98  Senate: VOTE: CONST. RDG. DISPENSED R (40-Y 0-N)
02/06/98  Senate: Read second time
02/06/98  Senate: Reading of amendment waived
02/06/98  Senate: Committee amendment agreed to
02/06/98  Senate: Engrossed by Senate as amended
02/06/98  Senate: Printed as engrossed 987245809-E
02/09/98  Senate: Read third time and passed Senate (39-Y 0-N)
02/09/98  Senate: VOTE: PASSAGE R (39-Y 0-N)
02/09/98  Senate: Communicated to House
02/10/98  House: Placed on Calendar
02/11/98  House: Read first time
02/11/98  House: Referred to Committee on Appropriations
03/10/98  House: Reported from Appropriations with amd. (30-Y 0-N)
03/10/98  House: Read second time
03/11/98  House: Read third time
03/11/98  House: Committee amendment agreed to
03/11/98  House: Engrossed by House as amended
03/11/98  House: Passed House with amendment (Block Vote) (100-Y 0-N)
03/11/98  House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
03/12/98  Senate: Reading of amendment waived
03/12/98  Senate: House amendment agreed to by Senate (39-Y 0-N)
03/12/98  Senate: VOTE: CONCUR HOUSE AMENDMENT R (39-Y 0-N)
04/01/98  Senate: Bill text as passed Senate and House (SB195ER)
04/06/98  Senate: Enrolled
04/06/98  House: Signed by Speaker
04/08/98  Senate: Signed by President
04/15/98  Governor: Approved by Governor-Chapter 504 (effective 7/1/98)
04/22/98  Governor: Acts of Assembly Chapter text (CHAP0504)