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ACROSS SESSIONS
- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
- Summaries: Since 1994
Developed and maintained by the Division of Legislative Automated Systems.
1994 SESSION
SB 237 Virginia Resources Authority.
Introduced by: Charles J. Colgan | all patrons ... notes | add to my profiles
SUMMARY:
Virginia Resources Authority. Increases the general cap on outstanding bonds of the Virginia Resources Authority from $400 million to $550 million, and increases the maximum amount of bonds that can be issued to finance heavy rail transportation facilities from six million to eight million dollars. The bill authorizes the Virginia Resources Authority to sell loans made by the wastewater, water supply, and solid waste revolving loan funds for the purpose of leveraging the funds. The bill also grants to the Authority the power to do necessary or convenient acts with respect to these three revolving loan funds, which conforms to the usual grant of power to the Authority generally.
The bill allows the Board of Directors, rather than the Attorney General, to establish the penalty sum for the surety bond to be provided by the Director. The Authority would be authorized to self-insure against losses, including indemnification of its employees and agents.
Finally, the bill makes a technical correction regarding refunding bonds.
FULL TEXT
- 01/24/94 Senate: Presented and ordered printed pdf
- 02/08/94 Senate: Committee substitute printed LD7181605 (SB237S1) pdf
- 03/16/94 Senate: Bill text as passed Senate and House (SB237ER) pdf
- 04/18/94 Governor: Acts of Assembly Chapter text (CHAP0684) pdf
HISTORY
- 01/24/94 Senate: Presented and ordered printed
- 01/24/94 Senate: Referred to Committee on Finance
- 02/08/94 Senate: Reported from Finance with substitute (15-Y 0-N)
- 02/08/94 Senate: Committee substitute printed LD7181605 (SB237S1)
- 02/09/94 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/09/94 Senate: VOTE: (39-Y 0-N)
- 02/10/94 Senate: Read second time
- 02/10/94 Senate: Reading of substitute waived
- 02/10/94 Senate: Committee substitute agreed to
- 02/10/94 Senate: Engrossed by Senate - committee substitute
- 02/10/94 Senate: Constitutional reading dispensed (38-Y 0-N)
- 02/10/94 Senate: VOTE: CONST. READING DISPENSED (38-Y 0-N)
- 02/10/94 Senate: Passed Senate (38-Y 0-N)
- 02/10/94 Senate: VOTE: PASSAGE (38-Y 0-N)
- 02/10/94 Senate: Communicated to House
- 02/11/94 House: Placed on Calendar
- 02/12/94 House: Read first time
- 02/12/94 House: Referred to Committee on Appropriations
- 03/02/94 House: Reported from Appropriations (22-Y 0-N)
- 03/03/94 House: Read second time
- 03/03/94 House: Read third time
- 03/03/94 House: Passed House (Block Vote) (98-Y 0-N)
- 03/03/94 House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
- 03/16/94 Senate: Bill text as passed Senate and House (SB237ER)
- 03/22/94 Senate: Enrolled
- 03/23/94 House: Signed by Speaker
- 03/25/94 Senate: Signed by President
- 04/10/94 Governor: Approved by Governor-Chapter 684 (effective 7/1/94)
- 04/18/94 Governor: Acts of Assembly Chapter text (CHAP0684)