Bond Issues - As enacted, authorizes the state to issue and sell bonds. -

Summary

The bill lets the state’s funding board sell general‑obligation bonds worth up to $438 million, plus a small amount for issuance costs. Money raised will be split between the Finance Department for equipment, site acquisition and grants to local governments, and the Transportation Department for highways and bridge projects. The bonds are backed by the state’s full faith and credit and are tax‑exempt.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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