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2001 SESSION
SJ 366 Constitutional amendment; county borrowing authority.
Introduced by: Kevin G. Miller | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Constitutional amendment (first resolution); county borrowing authority. Amends § 10 of Article VII of the Virginia Constitution to grant counties the same borrowing authority as cities and towns. The primary changes are to (i) apply a ceiling of 10 percent of assessed real estate valuation to county borrowing and (ii) eliminate the requirement of a voter referendum that currently applies to most county bond issues.
FULL TEXT
HISTORY
- 01/10/01 Senate: Presented & ordered printed, prefiled 01/10/01 011425476
- 01/10/01 Senate: Referred to Committee on Privileges and Elections
- 01/16/01 Senate: Assigned to P. & E. sub-committee: 2
- 01/30/01 Senate: Reported from Privileges and Elections (11-Y 3-N 1-A)
- 01/31/01 Senate: Rules suspended (40-Y 0-N)
- 01/31/01 Senate: VOTE: SUSPEND THE RULES R (40-Y 0-N)
- 01/31/01 Senate: Reading waived
- 02/01/01 Senate: Passed by for the day
- 02/02/01 Senate: Read second time and engrossed
- 02/05/01 Senate: Passed by for the day
- 02/06/01 Senate: Read third time and agreed to by Senate (30-Y 10-N)
- 02/06/01 Senate: VOTE: AGREE TO (30-Y 10-N)
- 02/06/01 Senate: Rec. of passage agreed to by Senate (40-Y 0-N)
- 02/06/01 Senate: VOTE: RECONSIDER (40-Y 0-N)
- 02/06/01 Senate: Agreed to by Senate (29-Y 10-N)
- 02/06/01 Senate: VOTE: AGREE TO (29-Y 10-N)
- 02/06/01 Senate: Communicated to House
- 02/09/01 House: Placed on Calendar
- 02/09/01 House: Referred to Committee on Privileges and Elections
- 02/19/01 House: Failed to report (defeated) in P. & E. (5-Y 18-N)