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- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
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Developed and maintained by the Division of Legislative Automated Systems.
2000 SESSION
HB 734 Use of escrowed funds.
Introduced by: Jeannemarie Devolites | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Use of escrowed funds; Town of Vienna. Allows the Town of Vienna (described by population) to use funds from a developer that have been escrowed for construction of specific public improvements for other similar improvements under certain conditions. Such funds shall be used only if the governing body (i) obtains the written consent of the owner or developer who submitted the escrowed funds; (ii) finds that the facilities for which funds are escrowed are not immediately required; (iii) releases the owner or developer from liability for such improvements and (iv) accepts liability for the future cost of constructing such improvements. If a locality fails to locate such owner or developer after making a reasonable attempt to do so, the locality may proceed as if such consent had been granted. In addition, the escrowed funds to be used for such other improvement may only come from an escrow that does not exceed $30,000, plus any accrued interest, and shall have been escrowed for at least five years. This bill is identical to SB 278.
FULL TEXT
- 01/21/00 House: Presented & ordered printed 005514720 pdf
- 02/13/00 House: Committee substitute printed 002968720-H1 pdf
- 03/07/00 House: Bill text as passed House and Senate (HB734ER) pdf
- 04/28/00 Governor: Acts of Assembly Chapter text (CHAP0711) pdf
HISTORY
- 01/21/00 House: Presented & ordered printed 005514720
- 01/21/00 House: Referred to Committee on Counties, Cities and Towns
- 01/27/00 House: Assigned to C. C. T. sub-committee: 2
- 02/11/00 House: Continued to 2001 in C. C. T. (14-Y 6-N)
- 02/12/00 House: Reconsidered by Counties, Cities and Towns
- 02/12/00 House: Reported from C. C. T. with sub (16-Y 1-N)
- 02/13/00 House: Committee substitute printed 002968720-H1
- 02/13/00 House: Read first time
- 02/14/00 House: Read second time
- 02/14/00 House: Committee substitute agreed to 002968720-H1
- 02/14/00 House: Engrossed by House - com. sub. 002968720-H1
- 02/15/00 House: Read third time and passed House (94-Y 5-N)
- 02/15/00 House: VOTE: PASSAGE (94-Y 5-N)
- 02/15/00 House: Communicated to Senate
- 02/16/00 Senate: Constitutional reading dispensed
- 02/16/00 Senate: Referred to Committee on Local Government
- 02/22/00 Senate: Reported from Local Government (15-Y 0-N)
- 02/23/00 Senate: Const. reading disp., passed by for the day (39-Y 0-N)
- 02/23/00 Senate: VOTE: CONST. RDG. DISPENSED R (39-Y 0-N)
- 02/24/00 Senate: Read third time
- 02/24/00 Senate: Passed Senate (39-Y 0-N)
- 02/24/00 Senate: VOTE: PASSAGE R (39-Y 0-N)
- 03/07/00 House: Bill text as passed House and Senate (HB734ER)
- 03/09/00 House: Enrolled
- 03/09/00 House: Signed by Speaker
- 03/10/00 Senate: Signed by President
- 04/08/00 Governor: Approved by Governor-Chapter 711 (effective 7/1/00)
- 04/28/00 Governor: Acts of Assembly Chapter text (CHAP0711)