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Companion Bill HB2355. Bond Issues - Authorizes issuance of bonds to fund state projects. - Fiscal Summary for SB2329 / *HB2355 Increase State Expenditures - $50,473,000 - 1st Year Debt Service (Included in the Governors FY07-08 Budget Document) Other Fiscal Impact - Approximately $770,000 in additional first-year debt service will be provided by University of Memphis funds. This funding is included in the Governors FY07-08 Budget Document. $759,438,000 Over life of the bonds $465,913,000 Principal $293,525,000 Interest Bill Summary for SB2329 / *HB2355 ON JUNE 11, 2007, THE SENATE ADOPTED AMENDMENTS #1 AND #2 AND PASSED SENATE BILL 2329, AS AMENDED. AMENDMENT #1 decreases the amount of bond proceeds for MTSU-related projects from $228 million to $3.7 million and, accordingly, decreases the authorized bond issue [...]

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Latest Actions
  • 07/12/2007 - Public Chapter 591
  • 07/12/2007 - Effective date(s) 06/28/07
  • 06/28/2007 - Signed by Governor.
  • 06/26/2007 - Transmitted to Governor for action.
  • 06/26/2007 - Signed by House Speaker

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Bill Text
File name Last Updated
Amendment 1-0 to SB232910/27/2007
Amendment 2-0 to SB232910/27/2007
SB2329 Bill Text PDF10/27/2007

Fiscal Notes
File name Last Updated
SB2329 Fiscal Notes PDF10/27/2007
Fiscal Memo - Amendment 2-0 to SB232910/27/2007
Fiscal Memo - Amendment 1-0 to SB232910/27/2007