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j_cdc_2016a_2016-08-31t08:05:06z0 Hearing Summary

Date: 08/31/2016


Submittal Process for Higher Education Cash-Funded Projects


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08:05 AM -- Submittal Process for Higher Education Cash-Funded Projects

The committee was called to order. A quorum was present. Kori Donaldson, Legislative Council Staff, discussed the higher education cash-funded capital construction process and budget instructions for requests for approval to issue intercept bonds. Committee members received a copy of a memorandum on the subject, prepared by Legislative Council Staff (Attachment A). Ms. Donaldson discussed the memorandum, including changes to the higher education cash-funded two-year list process and the Higher Education Revenue Bond Intercept Program under House Bill 16-1459 and Senate Bill 16-204. Committee discussion ensued on the associated approval process.

160831 AttachA.pdf160831 AttachA.pdf

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details