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Requires revenue anticipation notes have approval by the comptroller of the treasury or the comptroller's designee. Establishes renewal timeline for unpaid notes. Makes exemptions for FHA loans or any other direct lending department of the government of the United States. Makes other revisions to provisions governing bonds and notes issued by local governments (20 pp.).
SB539 - B. Watson - 02/11/21 - Referred to Senate State & Local Government Committee.