HB1128 allows municipalities to issue promissory notes with longer repayment periods than currently permitted under state law. The bill increases the maximum term for these municipal borrowing notes, giving cities and towns more flexibility in structuring their debt repayment schedules.
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Signed by the Governor H.J. 596
Delivered to the Governor H.J. 562
Signed by the President S.J. 527
Signed by the Speaker H.J. 485
Senate Do Pass Amended Passed, YEAS 34, NAYS 0. S.J. 458
Local Government Placed on consent
Local Government Do Pass Passed, YEAS 6, NAYS 0. S.J. 414
Local Government Scheduled for hearing
First read in Senate and referred to Senate Local Government S.J. 368
House of Representatives Do Pass Amended Passed, YEAS 62, NAYS 7. H.J. 373
House of Representatives Motion to amend H.J. 373
House of Representatives Remove from Consent Calendar H.J. 356
Judiciary Placed on consent
Judiciary Do Pass Passed, YEAS 11, NAYS 0. H.J. 339
Judiciary Scheduled for hearing
First read in House and referred to House Judiciary H.J. 198
Gary Cammack
Prime sponsor · Sen.
R
Thomas Brunner
Prime sponsor · Rep.
R
Cosponsors
Local Government — Do Pass
Do Pass Amended
Judiciary — Do Pass