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Committee considers bill to create searchable statewide database of local bond obligations

3248022 · May 8, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

House Bill 3526 would require the Bond Review Board to maintain a searchable database of local governments' bond obligations, issuance and repayment information; taxpayers' and policy groups testified in favor and the committee left the bill pending.

Senator West described House Bill 3526 as a measure to increase transparency of local government borrowing by requiring a searchable database for bond obligations and repayment records.

"What this particular bill does it requires a searchable database for local bond obligations, whether they've been issued and whether they have been paid," Senator West…

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