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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 by voice vote in the Senate on March 11, 2009.
• Passed 32 to 18 in the Senate 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.
  Who Voted "Yes" and Who Voted "No"
• 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 52 to 41 in the House on April 24, 2009.
    Who Voted "Yes" and Who Voted "No"
• Passed 53 to 43 in the House 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.
  Who Voted "Yes" and Who Voted "No"
• 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 30 to 18 in the Senate on April 25, 2009.
    Who Voted "Yes" and Who Voted "No"
• Passed 30 to 18 in the Senate on April 25, 2009, to create the appropriation bonds capitals (ABC) fund.
  Who Voted "Yes" and Who Voted "No"