Senate Sponsors: WEAVER. Short description: GO BONDS-DECREASE $3 Synopsis of Bill as introduced: Amends the General Obligation Bond Act. Decreases by $3 the amount of bonds that may be issued under the Act. STATE DEBT NOTE (Economic and Fiscal Commission) SB1188 would reduce the General Obligation bond authorization level, excluding refunding bonds, from $14,197,632,592 to $14,197,632,589. At this time, approximately $6.806 billion of the existing bond authorization has not been issued. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status