Introduced
by
To allow the state to go more deeply in debt for the construction and acquisition of state buildings and facilities. Currently, the bond cap is $2.7 billion, and the bill would allow an additional $300 million in borrowing, raising the maximum debt level to $3 billion.
Referred to the Committee on Appropriations
Substitute offered
by
To replace the previous version of the bill with one that raises the maximum debt level to $3 billion, and specifies that the newly borrowed money be used for six unnamed university construction projects each costing at least $100 million, with the state's portion of that not more than $50 million each.
The substitute passed by voice vote
