SECOND REGULAR SESSION

HOUSE BILL NO. 1650

91ST GENERAL ASSEMBLY

INTRODUCED BY REPRESENTATIVES BOWMAN, VILLA, JOHNSON (61), CARNAHAN, BURTON,

HAGAN-HARRELL, THOMPSON (Co-sponsors), WALTON, HILGEMANN, ABEL,

LUETKENHAUS AND TROUPE.

Read 1st time January 24, 2002, and 1000 copies ordered printed.

TED WEDEL, Chief Clerk

4063L.01I

AN ACT

To repeal sections 644.572, 644.574 and 644.576, RSMo, and to enact in lieu thereof three new sections relating to water pollution bonds, with an emergency clause.



Be it enacted by the General Assembly of the state of Missouri, as follows:

Section A. Sections 644.572, 644.574 and 644.576, RSMo, are repealed and three new sections enacted in lieu thereof, to be known as sections 644.572, 644.574 and 644.576, to read as follows:

644.572. In addition to those sums authorized prior to August 28, [2000] 2003, the board of fund commissioners of the state of Missouri, as authorized by section 37(e) of article III of the Constitution of the state of Missouri, may borrow on the credit of this state the sum of [ten million] seventeen million five hundred thousand dollars in the manner described, and for the purposes set out, in chapter 640, RSMo, and this chapter.

644.574. In addition to those sums authorized prior to August 28, [2000] 2003, the board of fund commissioners of the state of Missouri, as authorized by section 37(g) of article III of the Constitution of the state of Missouri, may borrow on the credit of this state the sum of [twenty] ten million dollars in the manner described, and for the purposes set out, in chapter 640, RSMo, and in this chapter.

644.576. In addition to those sums authorized prior to August 28, [2000] 2003, the board of fund commissioners of the state of Missouri, as authorized by section 37(h) of article III of the Constitution of the state of Missouri, may borrow on the credit of this state the sum of [forty] twenty million dollars in the manner described, and for the purposes set out, in chapter 640, RSMo, and in this chapter.

Section B. Because of the need to provide adequate sewer systems within local political subdivisions, section A of this act is deemed necessary for the immediate preservation of the public health, welfare, peace and safety, and is hereby declared to be an emergency act within the meaning of the constitution, and section A of this act shall be in full force and effect upon its passage and approval.


Missouri House of Representatives