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Subcommittee repeals State Fiscal Accountability Authority document on private activity bond ceiling
Summary
The subcommittee approved repeal of Document 54.13, which concerned the state ceiling on issuance of private activity bonds; the chair called for and confirmed approval following a voice vote and a subsequent roll-call clarification.
The subcommittee approved repeal of Document 54.13, a State Fiscal Accountability Authority regulation related to the state's ceiling on issuing private activity bonds. The chair introduced the item and said the document "is being repealed" and solicited a motion; members voiced 'aye' and the chair said "the ayes have it."
Another committee member noted that a roll call is required at second, and the chair then called for a roll call to confirm approval. The transcript records the chair asking for the roll call and the clerk proceeding; the motion was confirmed. The transcript does not provide a complete numerical tally in its excerpt for this item but records voice approval followed by the chair's procedural roll call.
The repeal is procedural and was presented without extended debate in the subcommittee. No further implementation details or statutory citations were provided in the excerpt.
