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HB0309

Reducing terms of bonds.

Year
2005
Status
Proposed
Sponsor
Cohee
Committee
Not Assigned
Introduced
Feb 2, 2005
21 years ago
Last Action
Assigned Chapter Number - 109
Status
Not Yet Signed
Bill is pending

Bill Synopsis

Allows government treasurers to use financial tools to lower borrowing costs and manage interest rate risk on bonds, but only to save money, not for speculation.

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Sponsorship & Committee Information

Individual Sponsor

This bill was sponsored by Cohee rather than by a committee. Individual legislators can introduce bills that are then assigned to committees for review during the legislative process.

Documents & Resources

View Full Bill Text (PDF)
Official bill document
Last Action
Assigned Chapter Number - 109

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