Bills › 88th General Assembly
Where it is now
- Done: IntroducedMarch 4, 2019
- Done: SubcommitteeJanuary 31, 2019
- Done: House committeeFebruary 26, 2019
- Done: Passes the HouseApril 22, 2019
- Done: Senate committeeApril 24, 2019
- Done: Passes the SenateApril 26, 201949–0
- Done: To the GovernorMay 2, 2019
- Done: Signed into lawMay 16, 2019
HF 741 became law → The same legislation passed as HF 741, so this version was set aside. Go to HF 741 What’s a funnel?
What’s in it
This bill amends provisions governing the property tax levy imposed by a city to retire bonds. The bill provides that general obligation bonds issued by a city for specified flood-related purposes and bonds issued to refund or refinance such bonds may mature and be retired in a period not exceeding 30 years from the date of issue, instead of a 20-year retirement period. However, the 30-year period is only applicable if the bonds are issued in conjunction with a project approved by the flood mitigation board under Code chapter 418. The bill applies to bonds issued before, on, or after the effective date of this Act.
House subcommittee
Named February 19, 2019. Meeting: Wednesday, February 20 · 11:00 AM · House Lounge.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
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88th General Assembly