Summary of the Introduced Bill

HB 1904 -- State Housing Development Commission

Sponsor:  Cox

Currently, the State Housing Development Commission cannot have
outstanding bonds or notes in an aggregate principle amount
exceeding $200 million at any one time.  This bill specifies that
any conduit revenue bonds or notes of the commission on which the
payment of all debt service is the responsibility of an approved
mortgagor will not be included in the indebtedness limitation.

Copyright (c) Missouri House of Representatives


Missouri House of Representatives
94th General Assembly, 2nd Regular Session
Last Updated October 15, 2008 at 3:11 pm