The committee was called to order. A quorum was present. Bo Pogue, Legislative Council Staff, provided background on the consideration of potential committee legislation concerning the issuance of a lease-purchase agreement to fund the continuations of certain previously funded capital construction projects. Committee members received copies of the draft legislation (Attachment A). Esther van Mourik, Office of Legislative Legal Services, explained the effect of the draft legislation. Eric Rothaus, Deputy State Treasurer, provided input on the draft bill from the Treasurer's Office's perspective.