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AB 241 - Requires Governor to Allocate Federal Money to State Public Debt and Transportation Revenue Bonds - Wisconsin Key Vote

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Title: Requires Governor to Allocate Federal Money to State Public Debt and Transportation Revenue Bonds

Vetoed by Governor Tony Evers


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Title: Requires Governor to Allocate Federal Money to State Public Debt and Transportation Revenue Bonds

Vote Smart's Synopsis:

Vote to concur with house amendments and pass a bill that requires the Governor allocate federal money to state public debt and transportation revenue bonds.

Highlights:

 

  • Appropriates $250 million from the governor for the payment, in the 2021-22 fiscal year, of principal and interest costs on outstanding public debt. If the payment of principal and interest costs on outstanding public debt is not eligible for funding then, of the money the governor accepts from the federal government, the governor will allocate $250 million to finance building projects in 2021-23 Authorized State Building Program instead of borrowing (Sec. 1-2).

  • Appropriates $250 million from the governor to retire revenue obligations. If the retirement of revenue obligations is not eligible for funding then, of the money the governor accepts from the federal government, the governor will allocate $250 million to finance building projects in 2021-23 Authorized State Building Program instead of borrowing (Sec. 1-3).

Full Bill Text

See How Your Politicians Voted

Title: Requires Governor to Allocate Federal Money to State Public Debt and Transportation Revenue Bonds

Vote Smart's Synopsis:

Vote to pass a bill that requires the Governor allocate federal money to state public debt and transportation revenue bonds.

Highlights:

 

  • Appropriates $250 million from the governor for the payment, in the 2021-22 fiscal year, of principal and interest costs on outstanding public debt. If the payment of principal and interest costs on outstanding public debt is not eligible for funding then, of the money the governor accepts from the federal government, the governor will allocate $250 million to finance building projects in 2021-23 Authorized State Building Program instead of borrowing (Sec. 1-2).

  • Appropriates $250 million from the governor to retire revenue obligations. If the retirement of revenue obligations is not eligible for funding then, of the money the governor accepts from the federal government, the governor will allocate $250 million to finance building projects in 2021-23 Authorized State Building Program instead of borrowing (Sec. 1-3).

Full Bill Text

Title: Requires Governor to Allocate Federal Money to State Public Debt and Transportation Revenue Bonds

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