Rep. Norm Thurston — Voting Record

Bill

Number

H.B. 3001 First Substitute (2020S3)

Sponsor

Rep. Last, B.

Final action

House/ to Governor 4/22/2020

Outcome

House/ to Governor

Summary

What it does

• This bill:
• allows the State Bonding Commission to issue certain general obligation bonds that would result in the total current outstanding general obligation debt of the state exceeding 50% of the limitation described in the Utah Constitution.

Every vote on this bill

Bill text

BOND AMENDMENTS
THIRD SPECIAL SESSION
STATE OF UTAH
Chief Sponsor: Bradley G. Last
Senate Sponsor: 
Jerry W. Stevenson
LONG TITLE
General Description:
This bill addresses issuance of state general obligation bonds.
Highlighted Provisions:
This bill:
▸ allows the State Bonding Commission to issue certain general obligation bonds that
would result in the total current outstanding general obligation debt of the state
exceeding 50% of the limitation described in the Utah Constitution.
Money Appropriated in this Bill:
None
Other Special Clauses:
This bill provides a special effective date.
Utah Code Sections Affected:
ENACTS:
63B-27-103
, Utah Code Annotated 1953
Be it enacted by the Legislature of the state of Utah:
Section 1. Section 
63B-27-103
 is enacted to read:
 63B-27-103.
 Highway bonds debt limitation.
(1) Notwithstanding Subsection 
63B-27-101
(1)(c), the State Bonding Commission,
created in Section 
63B-1-201
, may issue a general obligation bond authorized under Section
63B-27-101
 if the issuance of the general obligation bond would result in the total current
outstanding general obligation debt of the state exceeding 50% of the limitation described in
the Utah Constitution, Article XIV, Section 1.
(2) Notwithstanding Subsection 
63B-27-102
(1)(c), the State Bonding Commission,
created in Section 
63B-1-201
, may issue a general obligation bond authorized under Section
63B-27-102
 if the issuance of the general obligation bond would result in the total current
outstanding general obligation debt of the state exceeding 50% of the limitation described in
the Utah Constitution, Article XIV, Section 1.
(3) This section supersedes any conflicting provisions of Utah law.
Section 2. 
Effective date.
If approved by two-thirds of all the members elected to each house, this bill takes effect
upon approval by the governor, or the day following the constitutional time limit of Utah
Constitution, Article VII, Section 8, without the governor's signature, or in the case of a veto,
the date of veto override.