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Publication Date

2005

Chapter

216

Session Type

Regular

Session Number

1

Document Type

Act

Start Page

745

Concerning Authorization for the State to Fund Critical Needs by Creating the Critical Needs Financing Corporation, and, in Connection Therewith, and Only if the Voters of the State Approve House Bill 05-1194, Which, if Approved, Will Allow the State to Retain and Spend Excess State Revenues, at the November 2005 Statewide Election, Authorizing the Corporation and the Department of Transportation to Incur Multiple-Fiscal Year Financial Obligations Approved by Voters of the State at a Statewide Election by Issuing Critical Needs Notes for the Purposes, Under the Terms, and Up to the Maximum Amounts Approved by the Voters and Authorizing the General Assembly to Make Annual Appropriations that Are Exempt from the Statutory Limitation on State General Fund Appropriations from the State General Fund and from Other Legally Available Sources to a New Critical Needs Fund to Be Used to Pay the Principal, Interest, and Other Costs of the Notes and to Fund Strategic Transportation Projects.

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