HB2021 authorizes the public works board to issue bonds for public works infrastructure projects.
HB2021 authorizes the public works board to issue bonds for financing public works infrastructure projects. The board can issue bonds to finance projects like streets, roads, bridges, water systems, and sewage systems. The board can also provide loans, grants, and technical assistance to local governments for public works projects. The board must adopt policies for selecting underwriters and bond counsel. The board cannot use eminent domain or levy taxes. The board can invest funds and make expenditures for administrative costs.
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- Core Provisions
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- Impact
- Legal Framework
- Critical Issues
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