SECOND REGULAR SESSION

SENATE BILL NO. 985

91ST GENERAL ASSEMBLY


INTRODUCED BY SENATOR STEELMAN.

Read 1st time January 21, 2002, and 1,000 copies ordered printed.



TERRY L. SPIELER, Secretary.

4078S.01I


AN ACT

To repeal sections 644.573, 644.575 and 644.577, RSMo, relating to water pollution bonds, and to enact in lieu thereof three new sections relating to the same subject.


Be it enacted by the General Assembly of the State of Missouri, as follows:

Section A. Sections 644.573, 644.575 and 644.577, RSMo, are repealed and three new sections enacted in lieu thereof, to be known as sections 644.573, 644.575 and 644.577, to read as follows:

644.573. In addition to those sums authorized prior to August 28, [2002] 2003, the board of fund commissioners of the state of Missouri, as authorized by section 37(e) of article III of the Constitution of the state of Missouri, may borrow on the credit of this state the sum of ten million dollars in the manner described, and for the purposes set out, in chapter 640, RSMo, and this chapter.

644.575. In addition to those sums authorized prior to August 28, [2002] 2003, the board of fund commissioners of the state of Missouri, as authorized by section 37(g) of article III of the Constitution of the state of Missouri, may borrow on the credit of this state the sum of ten million dollars in the manner described, and for the purposes set out, in chapter 640, RSMo, and in this chapter.

644.577. In addition to those sums authorized prior to August 28, [2002] 2003, the board of fund commissioners of the state of Missouri, as authorized by section 37(h) of article III of the Constitution of the state of Missouri, may borrow on the credit of this state the sum of twenty million dollars in the manner described, and for the purposes set out, in chapter 640, RSMo, and in this chapter.






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