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DIGEST OF HB1355 (Updated February 27, 2002 2:51 PM - DI 84)
Purdue University bonding authorization. Authorizes Purdue University to issue and sell bonds for the West Lafayette campus institute for nanotechnologies/life sciences research facility. Provides that the issuance of the bonds is subject to the approval of the budget agency after review by the budget committee. Prohibits the budget agency from approving a bond issue for the project unless Purdue's board of trustees provides evidence of a commitment by the federal government to provide federal funds for the project.