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Key Votes

LB 1092 - Authorizes Highway Commission to Issue Bonds - Key Vote

Nebraska Key Votes

Jim Scheer voted Yea (Passage) on this Legislation.

Read statements Jim Scheer made in this general time period.

Stages

Family

Issues

Stage Details

Legislation - Bill Failed (Senate) (27-16) - (Key vote)

Title: Authorizes Highway Commission to Issue Bonds

Vote Result
Yea Votes
Nay Votes
Vote Smart's Synopsis:

Vote to pass a bill that authorizes the Nebraska State Highway Commission to issue bonds to fund highway construction projects.

Highlights:
  • Authorizes the Nebraska State Highway Commission to issue bonds up to $200 million for highway construction projects (Secs. 1-2 & 13).
  • Requires the bonds issued under the provisions of this bill to have a fixed interest rate below 5 percent and to mature on or prior to July 1, 2033 (Secs. 1 & 2).
  • Prohibits the issuance of bonds under the provisions of this bill after June 30, 2017 (Sec. 2).
  • Authorizes the state to pay for the bonds issued under the provisions of this bill using any lawfully available funds (Sec. 3).
  • Requires the funds collected from the motor vehicle fuel tax to be used for bonds issued by the provisions of this bill after July 1, 2014  (Sec. 16).
Note:

NOTE: THIS VOTE WAS TAKEN WITH THE EMERGENCY CLAUSE STRICKEN AFTER HAVING FAILED TO RECEIVE THE REQUIRED 2/3 MAJORITY IN THE PREVIOUS VOTE WITH THE EMERGENCY CLAUSE INCLUDED.

Legislation - Bill Failed (Senate) (28-16) -
Note:

NOTE: A BILL WITH AN EMERGENCY CLAUSE REQUIRES A SEPARATE TWO-THIRDS VOTE OF THE LEGISLATURE FOR THE CLAUSE TO PASS. IF THE CLAUSE IS PASSED, THE BILL GOES INTO EFFECT IMMEDIATELY UPON THE GOVERNOR'S SIGNATURE.

Legislation - Introduced (Senate) -

Title: Authorizes Highway Commission to Issue Bonds

Sponsors

  • Annette M. Dubas (NE - N) (Out Of Office)

Co-sponsors

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