March 8, 2007

UW Debt Authority Bill Passes Senate

By Randy Hodgins

SB 5384, the Senate version of the UW’s request legislation to expand our ability to issue long term debt locally easily cleared the State Senate yesterday 46-0.  There was no debate or opposition to the measure which now goes to the House of Representatives for consideration following floor cut-off next week.  The House version of the debt authority bill (HB 1398) is already in the Senate Ways and Means Committee.

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