Bill Status of HB0659 95th General Assembly
Short Description: TREASURER-SPRINKLER LOANS
Rep. Dan Brady - Robert W. Pritchard - David E. Miller, Naomi D. Jakobsson, Michael Tryon, Rosemary Mulligan, Jim Durkin, James H. Meyer, Shane Cultra, David R. Leitch and Jim Watson
| 1/13/2009||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the State Treasurer Act. Requires that the Office of the State Treasurer by rule develop, implement, and administer a program of low-interest loans to post-secondary educational institutions to assist with the cost of installing fire sprinklers in student dormitories. Requires that the loans be funded through a revolving fund consisting of transferred or appropriated moneys, interest on the fund, and loan repayments. Amends the State Finance Act to establish the necessary special fund in the State treasury.