SB 246 Allows state to issue bonds for grants and loans pursuant to several sections of Article III of the Missouri Constitution
Sponsor: Days
LR Number: 1129S.02T Fiscal Note: 1129-02
Committee: Financial & Governmental Organizations and Elections
Last Action: 7/6/2005 - Signed by Governor Journal Page:
Title: SCS SB 246 Calendar Position:
Effective Date: August 28, 2005
House Handler: Hoskins

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Current Bill Summary


SCS/SB 246 - This act pertains to the authorization of water pollution bonds.

This act authorizes the Board of Fund Commissioners, in addition to amounts authorized prior to August 28, 2006, to issue bonds for grants and loans pursuant to several sections of Article III of the Missouri Constitution.

The authorizations are for: (1) $10 million of bonds for waste water pollution control, drinking water system improvements, and storm water control pursuant to Section 37(e); (2) $10 million of bonds for rural water and sewer projects pursuant to Section 37(g); and (3) $20 million of bonds for storm water control plans, studies, and projects in first classification counties and the City of St. Louis pursuant to Section 37(h).

MEGAN WORD