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2006 SESSION
SB 476 Road indebtedness, local; state to match funds generated by transportation referendum.
Introduced by: Charles J. Colgan | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Local road indebtedness; state funds. Requires the Commonwealth to match dollars generated by a local transportation referendum. However, such state funds may not be used by the locality for debt service, nor shall the funds be deemed to constitute the full faith and credit of the Commonwealth.
FULL TEXT
HISTORY
- 01/11/06 Senate: Prefiled and ordered printed; offered 01/11/06 069153716
- 01/11/06 Senate: Referred to Committee on Transportation
- 01/19/06 Senate: Rereferred from Transportation (15-Y 0-N)
- 01/19/06 Senate: Rereferred to Finance
- 02/14/06 Senate: Left in Finance (15-Y 0-N)