91st General Assembly
Status of HB1951
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 Full Text  Bill Summary
MORROW-FRANKS AND SHARP.

   New Act                                                                     

        Creates the Debt Issuance Reform Act.  Requires bonds  issued  by      
   specified  State  agencies to be sold to the highest bidder, by sealed      
   bid, for an interest rate not exceeding the maximum rate fixed in  the      
   order  authorizing  the issuance of the bonds.  Prohibits employees of      
   specified State officers and agencies from any discussions or dealings      
   on matters pertaining to bond issuance with a  former  employee  of  a      
   State  agency  or office for one year after the employee's termination      
   of employment, if specified  conditions  are  met.    Requires  former      
   employees  of  State offices or agencies who engage in work related to      
   the issuance of bonds by the State or its agencies  to  register  with      
   the  Secretary  of  State.   Willful  failure to register is a Class A      
   misdemeanor.  Provides that  registration  statements  shall  be  made      
   available to State agencies upon request.                                   
          CORRECTIONAL NOTE (Department of Corrections)                        
          There would be no fiscal or prison population impact.                
          FISCAL NOTE (Department of Central Management Services)              
          There will not be a significant fiscal impact.                       
   99-02-18  H  FIRST READING                                                  
   99-02-18  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   99-02-24  H       ASSIGNED TO COMMITTEE               STE GOV ADMIN         
   99-03-04  H  CORRECTIONAL NOTE FILED                                        
   99-03-04  H  DO PASS/SHORT DEBATE                     007-000-000   HSGA    
   99-03-04  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   99-03-05  H  ADDED AS A CO-SPONSOR                    SHARP                 
   99-03-05  H  ADDED AS A JOINT SPONSOR                 FRANKS                
   99-03-09  H                         FISCAL NOTE FILED                       
   99-03-09  H  CALENDAR ORDER 2ND READING-SHORT DEBATE                        
   99-03-16  H  SECOND READING-SHORT DEBATE                                    
   99-03-16  H  HELD ON CAL ORDER 2ND RDG - SHORT DEBATE                       
   99-03-26  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   01-01-09  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary