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C4CF6EBDB7C18D7287258C1B0053D789 Hearing Summary




PUBLIC
BILL SUMMARY For PRESENTATION FROM THE STATE TREASURER

JOINT COMMITTEE COMMITTEE ON CAPITAL DEVELOPMENT COMMITTEE
Date Jan 23, 2025      
Location SCR 357



Presentation from the State Treasurer - Committee Discussion Only


08:15:51 AM  
The committee was
called to order.  A quorum was present.  Dave Young, State Treasurer,
presented to the committee the annual report on higher education fiscal
health. Treasurer Young was joined by Jim Heath, Debt Manager for the Treasurer's
Office. Committee members received a one-page summary of the report, which
is included as Attachment A. Treasurer Young provided an overview of the
Higher Education Bond Revenue Intercept Program.  Mr. Heath responded
to questions regarding the pre-approval amounts found in Attachment A.
Discussion ensued regarding the utility of the Intercept Program, and the
importance of debt management.






The effective date for bills enacted without a safety clause is August 6, 2025, if the General Assembly adjourns sine die on May 7, 2025 (unless otherwise specified). Details

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