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• Subject Index: Since 1995
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1995 SESSION

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SB 870 Short-term indebtedness of public services companies.

Introduced by: Jackson E. Reasor, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY:

Short-term indebtedness of public services companies. Changes from five to 12 the threshold percentage of the amount of short-term indebtedness as a percentage of a utility's total capitalization that serves to exempt a public service company from the provisions of Chapter 3 of Title 56, relating to the issuance of securities. Under § 56-65.1, unless a public service company's short-term indebtedness aggregates not more than 12 percent (as amended by this bill) of the utility's total capitalization, the provisions of Chapter 3 apply to the issuance of any note or notes by any public service company which has total capitalization of five million dollars or more.

FULL TEXT

• 01/20/95  Senate: Presented & ordered printed LD7642727  pdf
• 02/21/95  Senate: Bill text as passed Senate and House (SB870ER)  pdf
• 03/13/95  Governor: Acts of Assembly Chapter text (CHAP0137)  pdf

AMENDMENTS

• House amendments

HISTORY

• 01/20/95  Senate: Presented & ordered printed LD7642727
• 01/20/95  Senate: Referred to Committee on Commerce and Labor
• 01/30/95  Senate: Reported from Commerce and Labor (11-Y 0-N)
• 01/31/95  Senate: Constitutional reading dispensed (39-Y 0-N)
• 01/31/95  Senate: VOTE: CONST. READING DISPENSED (39-Y 0-N)
• 02/01/95  Senate: Read second time and engrossed
• 02/01/95  Senate: Constitutional reading dispensed (40-Y 0-N)
• 02/01/95  Senate: VOTE: CONST. READING DISPENSED (40-Y 0-N)
• 02/01/95  Senate: Passed Senate (38-Y 0-N)
• 02/01/95  Senate: VOTE: PASSAGE (38-Y 0-N)
• 02/01/95  Senate: Rec. of passage agreed to by Senate (40-Y 0-N)
• 02/01/95  Senate: VOTE: RECONSIDER (40-Y 0-N)
• 02/01/95  Senate: Passed Senate (40-Y 0-N)
• 02/01/95  Senate: VOTE: PASSAGE (40-Y 0-N)
• 02/01/95  Senate: Communicated to House
• 02/02/95  House: Placed on Calendar
• 02/03/95  House: Read first time
• 02/03/95  House: Referred to Committee on Corporations, Insurance and Banking
• 02/09/95  House: Reported from C. I. B. w/amds. (21-Y 0-N)
• 02/10/95  House: Read second time
• 02/13/95  House: Read third time
• 02/13/95  House: Committee amendments agreed to
• 02/13/95  House: Engrossed by House as amended
• 02/13/95  House: Passed House with amendments (97-Y 0-N)
• 02/13/95  House: VOTE: PASSAGE (97-Y 0-N)
• 02/15/95  Senate: Reading of amendments waived
• 02/15/95  Senate: House amendments agreed to by Senate (40-Y 0-N)
• 02/15/95  Senate: Title replaced
• 02/15/95  Senate: VOTE: CONCUR HOUSE AMENDMENT (40-Y 0-N)
• 02/21/95  Senate: Bill text as passed Senate and House (SB870ER)
• 02/24/95  Senate: Enrolled
• 02/25/95  House: Signed by Speaker
• 02/25/95  Senate: Signed by President
• 03/09/95  Governor: Approved by Governor-Chapter 137 (effective 7/1/95)
• 03/13/95  Governor: Acts of Assembly Chapter text (CHAP0137)