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2010 SESSION

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HB 1205 College Building Authority; acquire credit enhancements to secure payment of bonds issued.

Introduced by: Harvey B. Morgan | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Private institutions of higher education; credit enhancement.  Allows the Virginia College Building Authority to issue or acquire credit enhancements to secure payment of bonds issued by the Authority. Credit enhancements include, without limitation, surety bonds, insurance policies, letters of credit, guarantees and other forms of collateral or security as well as capital reserve funds for private institutions of higher education.

FULL TEXT

• 01/13/10  House: Presented and ordered printed 10100662D  pdf | impact statement

HISTORY

• 01/13/10  House: Presented and ordered printed 10100662D
• 01/13/10  House: Referred to Committee on Appropriations
• 01/19/10  House: Assigned App. sub: Capital Outlay
• 02/11/10  House: Subcommittee recommends continuing to 2011 by voice vote
• 02/12/10  House: Continued to 2011 in Appropriations by voice vote