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2011 SESSION

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HB 2004 Bonds; public notice issued prior to public hearing shall state use of proceeds.

Introduced by: James M. LeMunyon | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED HOUSE: (all summaries)

Bonds; public notice.  Provides that the public notice issued prior to a public hearing held in conjunction with the issuance of bonds shall state the proposed use of the proceeds, and if there is more than one use, state the proposed uses for which more than 10 percent of the total bond proceeds is expected to be used.  In addition, a similar notice shall be provided to voters prior to a referendum involving the issuance of bonds.


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