SB 685

  • California Senate Bill
  • 2013-2014 Regular Session
  • Introduced in Senate Feb 22, 2013
  • Senate
  • Assembly
  • Governor

School bonds: capital appreciation bonds.

Abstract

Existing law authorizes the governing board of a school district or community college district to, when in its judgment it is advisable, order an election and submit to the electors of the district the question whether the bonds of the district shall be issued and sold for the purpose of raising money for specified purposes. This bill would state the intent of the Legislature to enact legislation that prohibits a school district from issuing capital appreciation bonds.

Bill Sponsors (1)

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Actions


Feb 03, 2014

Senate

Returned to Secretary of Senate pursuant to Joint Rule 56.

Mar 11, 2013

Senate

Referred to Com. on RLS.

  • Referral-Committee
Com. on RLS.

Feb 25, 2013

Senate

Read first time.

Feb 24, 2013

Senate

From printer. May be acted upon on or after March 26.

Feb 22, 2013

Senate

Introduced. To Com. on RLS. for assignment. To print.

Bill Text

Bill Text Versions Format
SB685 HTML
02/22/13 - Introduced PDF

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Sources

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