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House Bill 1297

House Bill 1297

ARCHIVE (2010)

Latest Information

DIGEST OF HB1297 (Updated March 1, 2010 4:04 pm - DI 84)

Financing public university projects. Provides that the law on swap agreements does not limit Ivy Tech Community College's general investment policies. Permits proceeds from a temporary borrowing to be used for building or facility construction costing more than $500,000 or for the purchase or lease-purchase of land, buildings, or facilities with a value of more than $250,000. Permits electronic transfers to be used for performance bonds. Specifies conditions for grant anticipation notes concerning acquisition and improvement of building facilities and equipment.
Current Status:
Law Enacted
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