Senate Sponsors: WALSH,T. Short description: GO BONDS-SCHOOL CONSTRUCTION Synopsis of Bill as introduced: Amends the General Obligation Bond Act. Increases by $1,000,000,000 the amount authorized to be sold for grants to school districts for school improvement projects authorized by the School Construction Law. Distributes the increased authorization by increasing the amount authorized to be sold in year 5 of the schedule by $200,000,000 and in year 6 of the schedule by $330,000,000, and by extending the schedule to a seventh and eighth year in which $300,000,000 and $170,000,000 respectively are authorized to be sold. Effective July 1, 2002. 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