View Amendment Current Amendment: 11438DG11.docx to Bill 523     The Committee on Finance proposed the following amendment (NBD\11438DG11):
    Amend the bill, as and if amended, by striking SECTION 1 and inserting:

/ SECTION ___. Section 4-23-830 of the 1976 Code is amended by adding an appropriately numbered item to read:

    "( )     To issue general obligation bonds, following authorization of the governing body of each county in which the district is located, whose proceeds shall be used in furtherance of any power of the special purpose district under the procedures prescribed in Article 5, Chapter 11 of Title 6. The full faith, credit, and taxing power of the commission is hereby irrevocably pledged for the payment of the indebtedness, but in no event shall the credit of the counties in which the district is located be obligated for any indebtedness of the commission."             /

    Renumber sections to conform.
    Amend title to conform.