Introduced
by
To revise in a non-substantive manner references in the law governing state investments of “surplus funds.” The bill is introduced as a "vehicle" to accomodate promotional subsidies for the tourism industry paid for by a rental car tax increase.
Referred to the Committee on Appropriations
Reported without amendment
With the recommendation that the substitute (H-2) be adopted and that the bill then pass.
Substitute offered
The substitute passed by voice vote
Passed in the House 62 to 45 (details)
To "loan" $20 million from the state Treasury to the fund proposed by House Bill 5018 to provide promotional subsidies for the tourism industry, with the debt being repaid over five years by the rental car tax increase proposed by House Bill 5017.
Referred to the Committee on Finance
