SB 758 -- BONDS ISSUED BY THE BI-STATE DEVELOPMENT AGENCY

SPONSOR:  Rupp (Leara)

COMMITTEE ACTION:  Voted "do pass by consent" by the Committee on
Financial Institutions by a vote of 12 to 0.

This bill extends from 30 to 40 years the time period in which
bonds issued by the Bi-State Development Agency must mature.

FISCAL NOTE:  No impact on state funds in FY 2011, FY 2012, and
FY 2013.

PROPONENTS:  Supporters say that the bill will allow the Bi-State
Development Agency to lower current costs and give them better
opportunities to use its funds.

Testifying for the bill was Senator Rupp.

OPPONENTS:  There was no opposition voiced to the committee.

Missouri House of Representatives
95th General Assembly, 2nd Regular Session
Last Updated September 14, 2010 at 3:15 pm