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

Summary

The law lets the state sell general‑obligation bonds worth up to $438 million, plus a small amount for issuance costs, and directs the money to the Finance and Administration Department and the Department of Transportation. It also allows the issuance of short‑term bond anticipation notes and permits the bonds to be marketed as college‑savings bonds. The measure aims to provide financing for new equipment, building projects, highway and bridge work, and grants to local governments.

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

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