Summary of the Introduced Bill

HB 706 -- Qualified Zone Academy Bonds for School Districts

Co-Sponsors:  Merideth, Dethrow

This bill creates fiscal procedures for school districts that
have issued qualified zone academy bonds pursuant to federal law
and have incorrectly handled the placement of the bond proceeds
in the districts' accounts.  The bill also rearranges some
existing wording, deletes material that has become obsolete, and
makes some technical changes in the remainder of the section,
which concerns placement and transfers of moneys in school
district accounts.

The bill contains an emergency clause.

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Last Updated July 25, 2003 at 10:12 am