Comments: IN HB1391 | 2019 | Regular Session
Bill Title: Controlled projects. Provides that the term "controlled project" in the statute applicable to the issuing of bonds and other evidences of indebtedness by political subdivisions does not include: (1) an infrastructure project; or (2) a project for the construction of a data center. Increases from $25,000,000 to $50,000,000 the aggregate limit of costs of controlled projects for any 365 day period above which a political subdivision is required to conduct a referendum for additional proposed controlled projects.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2019-01-14 - First reading: referred to Committee on Ways and Means [HB1391 Detail]
Text: Latest bill text (Introduced) [PDF]
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2019-01-14 - First reading: referred to Committee on Ways and Means [HB1391 Detail]
Text: Latest bill text (Introduced) [PDF]
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