| SJR 034 | Allows joint boards and commissions to own, operate, and issue bonds for joint municipal utility projects |
| Sponsor: | Gibbons | |||
| LR Number: | 4341S.01I | Fiscal Note: | 4341-01 | |
| Committee: | Commerce and Environment | |||
| Last Action: | 04/18/02 - Voted Do Pass S Commerce & Environment Committee | Journal page: | ||
| Title: | ||||
| Effective Date: | Voter Approval | |||
SJR 34 - This constitutional amendment, if approved by the
voters, would allow joint boards or commissions established by a
joint contract between municipalities or political subdivisions
of this state to own joint projects and to issue bonds in
compliance with applicable requirements of law. The bonds shall
not be an indebtedness of the state or any political subdivision.
The activities of such joint boards or commissions are not
subject to the jurisdiction of the Public Service Commission.
JIM ERTLE