From official state and federal legislative records. Informational only, not legal advice.
Just proposed
A lawmaker wrote this idea down and officially asked the government to consider it.
Next: a committee studies it and decides if it moves forward.
In plain words
AI summaryWritten by AI from the bill text. Check the official text before relying on it.
Revising requirements for the debt affordability report prepared annually by the Division of Bond Finance to include specified information relating to state debt; creating the Debt Reduction Program within the State Board of Administration for a specified purpose; requiring the Division of Bond Finance to use its best efforts to use specified funds to achieve such purpose, etc.