5540 AMH ORCU LEAT 099

SB 5540 - H AMD 662

By Representative Orcutt

ADOPTED 4/16/2009

    On page 6, line 5, after "of" strike "forty" and insert "twenty-five"

EFFECT:  Modifies a high capacity transportation corridor area's (HCTCA) authority to issue general obligation bonds by providing that a HCTCA may not issue general obligation bonds with a maturity in excess of 25 years, instead of a maturity in excess of 40 years.   

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