90th General Assembly
Summary of HB2499
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House Sponsors:
DANIELS-BOST-PERSICO-KRAUSE-RUTHERFORD, TENHOUSE AND TURNER,JOHN.

Short description: 
TRANS BOND-INCREAS-FED DEFICIT                                             

Synopsis of Bill as introduced:
        Amends  the  Transportation  Bond  Act.   Increases  the  overall      
   authorization  by  $211,000,000.   Provides   that   $211,000,000   of      
   Transportation  Bonds,  Series  A,  may be issued to cover any federal      
   highway fund shortfall for federal fiscal year  1998.   Provides  that      
   the General Assembly shall annually direct the transfer of monies from      
   the  General  Revenue  Fund  to  the  Transportation  Bond,  Series  A      
   Retirement  and  Interest  Fund,  in  an  amount sufficient to pay the      
   principal of and interest on the $211,000,000 of Bonds  authorized  by      
   this amendatory Act.  Effective immediately.                                
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



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