2005-2006 Regular Session - SR 862
CA: State General Obligation Debt; lower debt ceiling
First Reader Summary
A RESOLUTION proposing an amendment to the Constitution so as to lower the debt ceiling on state general obligation debt and guaranteed revenue debt from 10 percent to 7 percent of the total state revenue receipts; to provide for the submission of this amendment for ratification or rejection; and for other purposes.
Feb/15/2006 - Senate Read and Referred
Feb/14/2006 - Senate Hopper