Did not become law. It stopped in the House of Representatives's Revenue Committee on March 3, 2018. The 2018 session has ended.
2018 Regular Session
House Bill 4017
Requires school district to obtain approval from Department of Education before entering into funds diversion agreement for payment of debt service on pension obligation bonds.
What it does
The synopsis the Legislative Assembly published with the bill.
Requires school district to obtain approval from Department of Education before entering into funds diversion agreement for payment of debt service on pension obligation bonds. Provides that department may not approve funds diversion agreement unless annual debt service on pension obligation bonds of school district is no greater than 25 percent of state school moneys available to school district in current fiscal year, or if state school moneys available to school district constitute less than 25 percent of funding for school district in current fiscal year. Requires State Treasurer to provide relevant data to department. Becomes operative July 1, 2020.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
Its course
January 22 to March 3, 2018, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action4 actions on 3 days
In the House of RepresentativesJan 22 to Mar 3 · stopped40 days
Waiting for a committeeJan 22 to Feb 514 days
RevenueFeb 5 to Mar 3 · stopped26 days
Text
Each version as the Legislative Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.
In the House of Representatives Jan 22 – Mar 3
- Jan 22Filed before the session
- Feb 5Introduced
- Sent to Revenue
- Mar 3Died when the session ended
All 4 actions, as published
- Jan 22Presession Released to the Public.House of Representatives
- Feb 5First reading. Referred to Speaker's desk.House of Representatives
- Feb 5Referred to Revenue.House of Representatives
- Mar 3In committee upon adjournment.House of Representatives