1034-S AMH SILV ROBI2

SHB 1034 - H AMD 567 FAILED 4-18-91

     By Representatives Silver, Bowman and May

     On page 4, after line 4, insert:

"Capital projects qualifying for an allocation of the debt capacity under this section must have a useful life of at least twenty years or extend the useful life of a facility to twenty years or more."

EFFECT:  Requires projects to have a useful life of twenty years or longer or extend the useful life of a facility beyond twenty years to qualify for bond financing from the increased debt limit.