HB 2493 Open Space Bond Act of 1999; created.
R. Creigh Deeds | all patrons    ...    notes
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Summary as passed House: (all summaries)
Commonwealth of Virginia Parks and Recreational Facilities Bond Act of 1999. Subject to approval by a majority of the qualified voters of the Commonwealth voting thereon at the November 2, 1999, general election, authorizes the issuance of Commonwealth of Virginia Park and Recreational Facilities Bonds pursuant to Article X, Section 9 (b) of the Virginia Constitution in an amount not exceeding $111,410,000. The purpose of the bonds is to provide funds for paying, together with any other available funds, for financing the acquisition of interests in land and any structures thereon for park and recreational facilities, state parks, state forests, and sites of historic significance and for the preservation of natural resources. The full faith and credit of the Commonwealth is pledged for the payment of the principal of and interest on the bonds and any bond anticipation notes or refunding bonds. The bill authorizes the Treasury board, by and with the consent of the Governor, to fix the details of such bonds, to provide for their sale at public or private sale, to borrow money in anticipation of the issuance of the bonds, and to issue refunding bonds. The bill shall not become effective, and no bonds shall be issued, unless voter approval is obtained.

Full text:
01/21/99  House: Presented & ordered printed 990699202  pdf
02/04/99  House: Committee substitute printed 992687202-H1  pdf
02/09/99  House: Printed as engrossed 992687202-EH1  pdf

Amendments:
House amendments

Status:
01/21/99  House: Presented & ordered printed 990699202
01/21/99  House: Referred to Committee on Appropriations
02/02/99  House: Assigned to App. sub-committee: Capital Outlay
02/04/99  House: Committee substitute printed 992687202-H1
02/04/99  House: Reported from Appropriations with sub. (17-Y 5-N)
02/05/99  House: Read first time
02/06/99  House: Passed by for the day
02/07/99  House: Passed by for the day
02/08/99  House: Passed by for the day
02/09/99  House: Read second time
02/09/99  House: Committee substitute agreed to 992687202-H1
02/09/99  House: Amendments by Mr. Deeds agreed to
02/09/99  House: Engrossed by House - com. sub. w/amds. 992687202-EH1
02/09/99  House: Printed as engrossed 992687202-EH1
02/09/99  House: Constitutional reading dispensed
02/09/99  House: Passed House (68-Y 32-N)
02/09/99  House: VOTE: PASSAGE (68-Y 32-N)
02/09/99  House: Communicated to Senate
02/11/99  Senate: Constitutional reading dispensed
02/11/99  Senate: Referred to Committee on Finance
02/16/99  Senate: Passed by indefinitely in Finance (12-Y 5-N)