Joint Interim Committee On Private Activity Bonds
(authorized by HCR 192, 77th Legislature)
The committee shall examine the private activity bond allocation program, including the available uses, the allocation among those uses, and the procedures by which the bonds are allocated. The committee should determine the effectiveness of the current program in meeting public policy objectives.
The final report of the committee should be approved by a majority of the members of the committee and include any recommended statutory or regulatory changes. The committee is encouraged to complete its work as soon as possible, but a final report should be submitted to the Lt. Governor and Speaker of the House of Representatives no later than November 15, 2002.
Private Activity Bonds Report (PDF - 2.1mb)
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Budget and Staff
The committee should use existing House and Senate staff to perform its duties. Where appropriate, the committee should request the assistance of legislative agencies as well as executive agencies with responsibilities related to the committee's charge.
Travel costs and other incidental expenses shall be paid from the members' operating budgets. If extraordinary expenses are anticipated, the co-chairs shall prepare and present a request for funding to the chair and vice chair of the legislative council.
The committee should follow the provisions of HCR 192, 77th Legislature, relating to procedural matters, including the public posting of meetings. The committee is abolished January 14, 2003.