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1997 SESSION
HB 2160 Literary Fund loans.
Introduced by: John A. Rollison III | all patrons ... notes | add to my profiles
SUMMARY:
Literary Fund loans. Increases the maximum limit the Board of Education may set on loans and loan interest rate subsidy payments from the Literary Fund from $5 million to $7.5 million. Presently, the average cost of a new school is $5 million or more; however, many school divisions are not eligible to receive the low-cost Literary Fund loans because of limited availability of the funds. Only the school divisions on the first priority list (low composite indices) are currently receiving these loans. The diversions of the early 1990s reduced the capacity of the Fund.
FULL TEXT
- 01/16/97 House: Presented & ordered printed 970150440 pdf
- 01/29/97 House: Printed as engrossed 970150440-E pdf
- 02/24/97 House: Bill text as passed House and Senate (HB2160ER) pdf
- 03/19/97 Governor: Acts of Assembly Chapter text (CHAP0384) pdf
AMENDMENTS
HISTORY
- 01/16/97 House: Presented & ordered printed 970150440
- 01/16/97 House: Referred to Committee on Education
- 01/27/97 House: Reported from Education with amendment (21-Y 1-N)
- 01/28/97 House: Read first time
- 01/29/97 House: Read second time
- 01/29/97 House: Committee amendment agreed to
- 01/29/97 House: Engrossed by House as amended
- 01/29/97 House: Printed as engrossed 970150440-E
- 01/30/97 House: Read third time and passed House (97-Y 2-N)
- 01/30/97 House: VOTE: PASSAGE (97-Y 2-N)
- 01/30/97 House: Communicated to Senate
- 01/31/97 Senate: Constitutional reading dispensed (36-Y 4-N)
- 02/02/97 Senate: Referred to Committee on Education and Health
- 02/05/97 Senate: Assigned to Ed. & Health sub-committee: Public Education
- 02/13/97 Senate: Reported from Education and Health (15-Y 0-N)
- 02/14/97 Senate: Const. reading disp., passed by for the day (39-Y 0-N)
- 02/14/97 Senate: VOTE: CONST. READING DISPENSED (39-Y 0-N)
- 02/17/97 Senate: Read third time
- 02/17/97 Senate: Passed Senate (40-Y 0-N)
- 02/17/97 Senate: VOTE: PASSAGE (40-Y 0-N)
- 02/24/97 House: Bill text as passed House and Senate (HB2160ER)
- 03/03/97 House: Enrolled
- 03/04/97 House: Signed by Speaker
- 03/05/97 Senate: Signed by President
- 03/15/97 Governor: Approved by Governor-Chapter 384 (effective 7/1/97)
- 03/19/97 Governor: Acts of Assembly Chapter text (CHAP0384)