 |
|
|
 |
|
Legislation Important to IU & HHE
House Bill 1369: Related to University capital projects
Digest of Bill
University capital projects. Expands the dollar value of higher education
capital projects that: (1) can be performed using higher education employees;
and (2) do not require advertising for bids. Increases from four to twenty
years the maximum term of certain leases entered into by higher education
institutions. Reduces from three to one the number of appraisers required
when a higher education institution sells real property. Removes the requirement
that the governor approve the sale of real property. Increases various
dollar amount triggers that determine whether certain higher education
capital, repair, or lease projects must be approved by the commission
for higher education, the governor, the budget agency, or the general
assembly. Increases from $10 million to $20 million the amount of bonds
that an institution of higher education may issue without the approval
of the general assembly to finance a qualified energy savings project.
Provides that the higher limit would apply at each academic campus.
Full
Bill Text
Current Status of HB 1369
Date |
Chamber |
|
Action |
| 01/20/2004 |
H |
|
Authored by Representative Pierce |
| 01/20/2004 |
H |
|
Coauthored by Representative Welch |
| 01/20/2004 |
H |
|
First reading: referred to Committee on Ways and Means |
|
