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• Introduced by Sen. Robert E. Dvorsky (D) on March 9, 2009, to create the appropriation bonds capitals (ABC) fund to receive net bond proceeds of $175.0 million from the issuance of appropriation bonds. Appropriates $174.2 million from the ABC fund, including $150.4 million that was previously appropriated from the tax-exempt restricted capital fund (RC3) for FY2009. Restores funding for FY 2009 projects that have been delayed because the planned securitization of the remaining tobacco payments has not occurred, by moving the projects to the ABC fund from the RC3.
  • Amendment offered by Sen. Matt McCoy (D) on March 11, 2009, to clarify the intent of the legislation. The amendment passed in the Senate by voice vote on March 11, 2009.
• Passed in the Senate (32 to 18) on March 11, 2009, to create the appropriation bonds capitals (ABC) fund to receive net bond proceeds of $175.0 million from the issuance of appropriation bonds. Appropriates $174.2 million from the ABC fund, including $150.4 million that was previously appropriated from the tax-exempt restricted capital fund (RC3) for FY2009. Restores funding for FY 2009 projects that have been delayed because the planned securitization of the remaining tobacco payments has not occurred, by moving the projects to the ABC fund from the RC3. [Vote Details and Comments]
• Received in the House on March 12, 2009.
  • Referred to the House Appropriations Committee on March 13, 2009.
  • Amendment offered by Rep. Dennis Cohoon (D) on April 24, 2009, to change appropriation amounts. The amendment passed in the House (52 to 41) on April 24, 2009. [Vote Details and Comments]
• Passed in the House (53 to 43) on April 24, 2009, to create the appropriation bonds capitals (ABC) fund to receive net bond proceeds of $175.0 million from the issuance of appropriation bonds. Appropriates $174.2 million from the ABC fund, including $150.4 million that was previously appropriated from the tax-exempt restricted capital fund (RC3) for FY2009. Restores funding for FY 2009 projects that have been delayed because the planned securitization of the remaining tobacco payments has not occurred, by moving the projects to the ABC fund from the RC3. [Vote Details and Comments]
• Received in the Senate on April 24, 2009.
  • Motion by Sen. Matt McCoy (D) on April 25, 2009, that the Senate concur in the House amendment. The motion passed in the Senate (30 to 18) on April 25, 2009. [Vote Details and Comments]
• Passed in the Senate (30 to 18) on April 25, 2009, to create the appropriation bonds capitals (ABC) fund. [Vote Details and Comments]