BILL · 2015–16 SESSION

SB 5249: Local revital. finan. proj's

Creating a bond issuance exemption for qualifying local revitalization financing projects.

Summary

  • Eliminates the requirement that a city or county issue bonds for certain Local Revitalization Financing program demonstration projects.

From the House Bill Report (SB 5249), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 112, Laws of 2015
  1. IntroducedJan 16, 2015
  2. Out of committeeFeb 4, 2015
  3. Passed SenateFeb 24, 2015
  4. Passed HouseApr 10, 2015
  5. GovernorApr 25, 2015
  6. LawApr 25, 2015
Prime sponsor
Jeannie Darneille (D-27)
Introduced
January 16, 2015 in the Senate
Last action
April 25, 2015
Session law
Chapter 112, Laws of 2015
Companion bill
HB 1265
Budget
Has a fiscal note

AN ACT Relating to creating a bond issuance exemption for qualifying local revitalization financing projects;

Sponsors

Prime sponsor: Jeannie Darneille (D-27)

2 co-sponsors (1 Democrat, 1 Republican)

Votes

Senate · 3rd Reading & Final Passage

Passed February 24, 2015
Version voted on: SB 5249
46 Yea 1 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat22002
Republican24100
How each member voted

House · Final Passage

Passed April 10, 2015
Version voted on: SB 5249
81 Yea 16 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat50100
Republican311501
How each member voted

Yea (81)

Excused (1)

History

  1. Effective date 7/24/2015.
  2. Chapter 112, 2015 Laws.
  3. Governor signed.
  4. Delivered to Governor.
  5. Speaker signed.
  6. President signed.
  7. Third reading, passed; yeas, 81; nays, 16; absent, 0; excused, 1.
  8. Rules suspended. Placed on Third Reading.
  9. Placed on second reading by Rules Committee.
  10. Referred to Rules 2 Review.
  11. Minority; without recommendation.
  12. TED - Majority; do pass.
  13. First reading, referred to Technology & Economic Development (Not Officially read and referred until adoption of Introduction report).
  14. Third reading, passed; yeas, 46; nays, 1; absent, 0; excused, 2.
  15. Rules suspended. Placed on Third Reading.
  16. Placed on second reading consent calendar.
  17. Passed to Rules Committee for second reading.
  18. GOS - Majority; do pass.
  19. First reading, referred to Government Operations & State Security.

SB 5249 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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