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2001 SESSION
HB 2390 Park and Recreational Facilities Bond Act of 2001; created.
Introduced by: James H. Dillard II | all patrons ... notes | add to my profiles
SUMMARY AS PASSED HOUSE: (all summaries)
Commonwealth of Virginia Park and Recreational Bond Act of 2001. Authorizes the issuance of Commonwealth of Virginia Park and Recreational Facilities Bonds pursuant to Article X, Section 9 (b) of the Constitution of Virginia in an amount not exceeding $164,329,000, subject to approval by a majority of the qualified voters of the Commonwealth voting thereon at the November 6, 2001, general election. The purpose of the bonds is to provide funds for (i) acquiring land and developing four state parks; (ii) acquiring land for natural area preservation; and (iii) construction of numerous specified projects at existing state parks. The full faith and credit of the Commonwealth is pledged for the payment of the principal of and interest on the bonds and any bond anticipation notes or refunding bonds. The bill authorizes the Treasury Board, by and with the consent of the Governor, to fix the details of such bonds, to borrow money in anticipation of the issuance of the bonds, and to issue refunding bonds. The bill shall not become effective, and no bonds shall be issued, unless and until voter approval is obtained.
FULL TEXT
- 01/10/01 House: Presented & ordered printed, prefiled 01/10/01 012831732 pdf | impact statement
- 02/02/01 House: Committee substitute printed 011810732-H1 pdf | impact statement
HISTORY
- 01/10/01 House: Presented & ordered printed, prefiled 01/10/01 012831732
- 01/10/01 House: Referred to Committee on Finance
- 01/26/01 House: Reported from Finance (15-Y 7-N)
- 01/26/01 House: Referred to Committee on Appropriations
- 02/01/01 House: Reported from Appropriations with sub (27-Y 1-N)
- 02/02/01 House: Committee substitute printed 011810732-H1
- 02/03/01 House: Read first time
- 02/04/01 House: Passed by for the day
- 02/05/01 House: Read second time
- 02/05/01 House: Passed by temporarily
- 02/05/01 House: Constitutional reading dispensed (99-Y 0-N)
- 02/06/01 House: Committee substitute agreed to 011810732-H1
- 02/06/01 House: Engrossed by House - committee substitute 011810732-H1
- 02/06/01 House: VOTE: PASSAGE (51-Y 47-N)
- 02/06/01 House: Passed House (51-Y 47-N)
- 02/06/01 House: Communicated to Senate
- 02/09/01 Senate: Constitutional reading dispensed
- 02/09/01 Senate: Referred to Committee on Finance
- 02/21/01 Senate: Left in Finance