BILL NO A05073
SAME AS No same as
SPONSOR Tedisco (MS)
COSPNSR Montesano, Lalor
MLTSPNSR Barclay, Crouch, Finch, Goodell, Kolb, McLaughlin, Oaks, Raia,
Reilich, Tenney, Thiele
Add S7-112, amd S4-116, El L; add SS6 & 65-a, amd SS92 & 97-rrr, St Fin L
Requires that any ballot proposition creating a state debt shall contain an
estimate of the amortization period and the total expected debt service payable
thereon until the bonds issued pursuant to such proposition are retired;
relates to deposits to the tax stabilization reserve fund; provides that at
least 10% of any surplus shall be used to pay down state debt.
