HB 2452 - DIGEST |
Requires the state finance committee to: (1) Meet not less than twice per calendar year and determine certain terms and conditions of all bonds, notes, or other evidences of indebtedness; |
(2) Publish a summary of debt management activities at least annually; and |
(3) Publish the results of each debt issuance in a timely manner upon conclusion of each debt issuance. |
Allows the state finance committee to authorize the state treasurer, by resolution, to: (1) Accept offers to purchase the bonds, notes, or other evidences of indebtedness and to sell and deliver the bonds, notes, or other evidences of indebtedness to the purchases thereof; |
(2) Determine the date, price, principal amounts per maturity, delivery dates, and interest rate or rates; and |
(3) Set other terms and conditions as the committee may deem necessary and appropriate. |