92nd General Assembly
Summary of HB6011
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House Sponsors:

Short description: 
LOCAL GOVT DEBT REFORM-BONDS                                               

Synopsis of Bill as introduced:
        Amends the  Local  Government  Debt  Reform  Act.  In  provisions      
   authorizing  the  issuance  of  double-barrelled  bonds  subject  to a      
   backdoor referendum, changes the time within which a petition  calling      
   for  a  referendum  must  be  filed  from 30 days to 60 days after the      
   publication of the ordinance authorizing the issuance  of  the  bonds.      
   Also  changes  the  number of people who must sign the petition to the      
   greater of (i) 2.5%  of  the  registered  voters  (now,  7.5%  of  the      
   registered  voters)  or  (ii) 200 of those registered voters or 15% of      
   those registered voters, whichever is less (same as now).                   
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

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


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