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2013 SESSION

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SB 754 Higher educational institutions; modifications to prior revenue bond bills, emergency.

Introduced by: Walter A. Stosch | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Revenue bond bills for higher education; modifications. Modifies revenue bond bills for institutions of higher education enacted in 2008 by changing a project at Radford University from "construct residence halls" to "renovate residence halls." The bill also modifies revenue bond bills for institutions of higher education enacted in 2012 by (i) changing a project at the College of William and Mary from "renovate dormitory" to "renovate dormitories," (ii) increasing the amount allocated for such project from $5,000,000 to $14,650,000, and (iii) increasing the maximum aggregate amount of bonds that may be issued from $125,594,000 to $135,244,000. The bill states that an emergency exists and that the bill is in force from its passage. This bill is identical to HB 1392.


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