Financing (1)

Date of Last Recorded Action: 5/7/2024

HB 0844 NeutralAmends Revenue Bond Validation Hearing Requirements Martin,Charles 47th
3/21/2012 Senate Read Second Time Judy SLGO -
Econ. Dev. & Transportation Economic Development Financing General County Government Shaun Adams
Under current law, a district attorney or attorney general is charged with filing a petition to initiate legal proceedings to validate revenue bonds. If HB 844 is enacted, the district attorney, the Attorney General, or their representatives would not be required to appear at any validation hearing or any subsequent proceedings. Instead, the authority intending to issue revenue bonds would be responsible for making the case for the validation of the bonds. This bill did not pass.
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