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Session 120 - (2013-2014)Printer Friendly
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H 3766 Joint Resolution, By J.E. Smith, Sottile, Harrell and Limehouse
Summary: USS Laffey
A JOINT RESOLUTION TO DIRECT A TRANSFER TO REPLENISH THE ACCOUNTS THAT WERE USED TO FUND EMERGENCY REPAIRS TO THE USS LAFFEY; TO GRANT THE PATRIOTS POINT DEVELOPMENT AUTHORITY A THREE-YEAR PERIOD, BEGINNING ON MAY 1, 2014, DURING WHICH IT SHALL MAKE INTEREST-ONLY PAYMENTS ON THE AMOUNT USED TO REPLENISH THE ORIGINAL SOURCE ACCOUNTS AT AN INTEREST RATE AND TERMS TO BE DETERMINED BY THE OFFICE OF THE STATE TREASURER; AND BEGINNING MAY 1, 2017, TO REQUIRE THE PATRIOTS POINT DEVELOPMENT AUTHORITY TO COMMENCE ANNUAL PAYMENTS OF $400,000 UNTIL MAY 1, 2028, AT WHICH TIME A FINAL PAYMENT OF $6,068,867.72 SHALL BECOME DUE AND PAYABLE.
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Summary: USS Laffey
A JOINT RESOLUTION TO DIRECT A TRANSFER TO REPLENISH THE ACCOUNTS THAT WERE USED TO FUND EMERGENCY REPAIRS TO THE USS LAFFEY; TO GRANT THE PATRIOTS POINT DEVELOPMENT AUTHORITY A THREE-YEAR PERIOD, BEGINNING ON MAY 1, 2014, DURING WHICH IT SHALL MAKE INTEREST-ONLY PAYMENTS ON THE AMOUNT USED TO REPLENISH THE ORIGINAL SOURCE ACCOUNTS AT AN INTEREST RATE AND TERMS TO BE DETERMINED BY THE OFFICE OF THE STATE TREASURER; AND BEGINNING MAY 1, 2017, TO REQUIRE THE PATRIOTS POINT DEVELOPMENT AUTHORITY TO COMMENCE ANNUAL PAYMENTS OF $400,000 UNTIL MAY 1, 2028, AT WHICH TIME A FINAL PAYMENT OF $6,068,867.72 SHALL BECOME DUE AND PAYABLE.
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03/06/13 | House | Introduced and read first time (House Journal-page 72) |
03/06/13 | House | Referred to Committee on Ways and Means (House Journal-page 72) |
03/19/13 | House | Recalled from Committee on Ways and Means (House Journal-page 54) |
03/20/13 | Scrivener's error corrected | |
03/20/13 | House | Member(s) request name added as sponsor: Limehouse |
03/20/13 | House | Read second time (House Journal-page 103) |
03/20/13 | House | Roll call Yeas-109 Nays-0 (House Journal-page 104) |
03/21/13 | House | Read third time and sent to Senate (House Journal-page 25) |
03/21/13 | Senate | Introduced and read first time (Senate Journal-page 15) |
03/21/13 | Senate | Referred to Committee on Finance (Senate Journal-page 15) |