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9682758523585E8187258AD200538390 Hearing Summary




PUBLIC
BILL SUMMARY For CONSIDERATION OF ISSUE CONCERNING CERTIFICATES OF PARTICIPATION SPENDING RULES

JOINT COMMITTEE COMMITTEE ON CAPITAL DEVELOPMENT COMMITTEE
Date Feb 29, 2024      
Location SCR 357



Consideration of Issue Concerning Certificates of Participation Spending Rules - Committee Discussion Only


08:12:33 AM  
Adrian Leiter, representing
the Office of State Planning and Budgeting (OSPB), described the need to
specify projects funded by various issuances of certificates of participation.
Mr. Leiter responded to questions from the committee. A memo from OSPB
describing the request is included as Attachment D.



08:15:23 AM
Motion Draft a letter, in collaboration with the Joint Budget Committee, to the Office of the State Controller and the Office of State Planning and Budgeting designating the list of eleven capital construction projects as the recipients of funding originating from the sale of certificates of participation.
Moved Story
Seconded
Catlin Yes
Lindsay Yes
Mullica Yes
Simpson Yes
Story Yes
Hinrichsen Yes
YES: 6   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS