BILL · 2015–16 SESSION · LATEST VERSION SSB 5981

SB 5981: State debt limitations

Concerning limitations on state debt.

Summary

  • A second working debt limit is created by limiting new bond appropriations to no more than 5 percent of the near general fund operating budget appropriations. For purposes of this working debt limit, debt that is outside the Constitution's debt limit but for which debt service is paid for with appropriated funds must be included.

From the Senate Bill Report (Orig.) (SB 5981), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedFeb 13, 2015
  2. Out of committeeFeb 27, 2015
  3. Passed Senatestopped here
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
John Braun (R-20)
Introduced
February 13, 2015 in the Senate
Last action
March 10, 2016
Versions
SB 5981, SSB 5981

AN ACT Relating to limitations on state debt;

Sponsors

Prime sponsor: John Braun (R-20)

Votes

No recorded floor votes.

History

  1. By resolution, reintroduced and retained in present status. (SSB 5981)
  2. By resolution, reintroduced and retained in present status.
  3. Senate Rules "X" file. (SSB 5981)
  4. Senate Rules "X" file.
  5. By resolution, reintroduced and retained in present status. (SSB 5981)
  6. By resolution, reintroduced and retained in present status.
  7. By resolution, reintroduced and retained in present status. (SSB 5981)
  8. By resolution, reintroduced and retained in present status.
  9. By resolution, reintroduced and retained in present status. (SSB 5981)
  10. By resolution, reintroduced and retained in present status.
  11. By resolution, reintroduced and retained in present status. (SSB 5981)
  12. By resolution, reintroduced and retained in present status.
  13. Passed to Rules Committee for second reading. (SSB 5981)
  14. WM - Majority; 1st substitute bill be substituted, do pass. (SSB 5981)
  15. Minority; do not pass. (SSB 5981)
  16. Minority; without recommendation. (SSB 5981)
  17. Minority; without recommendation.
  18. Minority; do not pass.
  19. WM - Majority; 1st substitute bill be substituted, do pass.
  20. Passed to Rules Committee for second reading.
  21. First reading, referred to Ways & Means.

SB 5981 in other sessions

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

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