A bill to authorize the issuance of general obligation bonds of this state and to pledge the full faith and credit of this state for the payment of principal and interest on the bonds to finance environmental and natural resources protection programs that would clean up and redevelop contaminated sites, protect and improve water quality, prevent pollution, abate lead contamination, reclaim and revitalize community waterfronts, and clean up contaminated sediments in lakes, rivers, and streams; to pay for issuing the bonds; to provide for other measures relating to the bonds; and to provide for the submission of the question of the issuance of the bonds to the electors of this state.
The bill proposes issuing up to $2 billion in bonds to fund environmental protection programs, contingent on voter approval and related legislation, with repayment from the state's general fund.
Co-sponsored by Reps.
Referred to the Committee on Natural Resources, Environment, Tourism and Outdoor Recreation