Gene Whisnant
- Republican
Primary
Requires school district to obtain approval from Department of Education before entering into funds diversion agreement for payment of debt service on pension obligation bonds. Provides that department may not approve funds diversion agreement unless aggregate debt service on bonds subject to funds diversion or debt guaranty agreements of district is no greater than 80 percent of state school moneys available to district. Requires State Treasurer to provide relevant data to department.
In committee upon adjournment.
Referred to Ways and Means by order of Speaker.
Without recommendation as to passage and be referred to Ways and Means.
Work Session held.
Referred to Education.
First reading. Referred to Speaker's desk.
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