Minnesota Legislature
HF 4112
as introduced - 91st Legislature (2019 - 2020) Posted on 03/04/2020 03:38pm
KEY: stricken = removed, old language.
underscored = added, new language.
Bill Text Versions
| Engrossments | ||
|---|---|---|
| Introduction | Posted on 03/04/2020 |
Current Version - as introduced
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A bill for an act
relating to housing; modifying bond limitation; amending Minnesota Statutes 2018,
section 462A.22, subdivision 1.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Minnesota Statutes 2018, section 462A.22, subdivision 1, is amended to read:
Subdivision 1.
Debt ceiling.
The aggregate principal amount of new text begin general obligation new text end bonds
and notes which are outstanding at any time, excluding the principal amount of any bonds
and notes refunded by the issuance of new bonds or notes, shall not exceed the sum of
$5,000,000,000.