Designating child care facilities as an essential corporate purpose

Where it is now

1. ✓
   Done: IntroducedFebruary 2, 2021
2. ✕
   Stopped: SubcommitteeDied when the General Assembly ended
3. Next: House committee
4. Next: Passes the House
5. Next: Senate committee
6. Next: Passes the Senate
7. Next: To the Governor
8. Next: Signed into law

Died when the session ended The 2022 session adjourned on May 24, 2022, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?

What’s in it

This bill amends the definition of essential corporate purpose to include the acquisition and improvement of real estate for and the construction of a child care facility as defined in Code section 237A.1. Under Code chapter 384, a city may generally contract indebtedness and approve the issuance of general obligation bonds to carry out an essential corporate purpose without approval by voters at an election, while the issuance of general obligation bonds to carry out a general corporate purpose generally requires approval by voters at election.

Full bill text¹

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