§ 1000. Affordable amount of general obligation bond authorization
When the General Assembly authorizes the issuance of new long-term general obligation bonds, it shall consider the maximum amount of such bonds recommended as prudent for the fiscal year concerned by the Capital Debt Affordability Advisory Committee created for this purpose by this subchapter. This requirement shall apply to the authorizations of all State tax supported general obligation bonds, which are secured by the State General and Transportation Funds. (Added 1989, No. 258 (Adj. Sess.), § 1.)
Structure Vermont Statutes
Title 32 - Taxation and Finance
§ 902. Authorization to borrow money
§ 932. Claims against the State
§ 932a. Administrative reimbursement for property damages
§ 952. Denominations; how issued
§ 955. Anticipation of proceeds
§ 962. Private use compliance, notice, and approval
§ 972. Transportation Infrastructure Bonds
§ 975a. Authority of Treasurer
§ 975b. Debt service appropriations
§ 976. Anticipation of proceeds
§ 980. Authority to issue Transportation Infrastructure Bonds
§ 993. Public approval, out-of-state issuers
§ 995. Agreements for the exemption of interest
§ 999. Interest remittance and payments
§ 1000. Affordable amount of general obligation bond authorization