HB 5017: Debt Reduction
GENERAL BILL by McClure
Debt Reduction; Revises information required to be included in specified report; creates Debt Reduction Program within SBA for specified purpose; provides requirements for use of certain funds by Division of Bond Finance; requires CFO to transfer certain funds to SBA by specified date each fiscal year; requires any unexpended funds to revert to General Revenue Fund by specified date.
Effective Date: 7/1/2025
Last Action: 6/27/2025 - Signed by Officers and presented to Governor
Bill Text: PDF
Last Action: 6/27/2025 - Signed by Officers and presented to Governor
Bill Text: PDF
Senate Committee References:
- Appropriations (AP)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 6/4/2025 | House |
• Filed • Referred to Budget Committee • Now in Budget Committee • Added to Budget Committee agenda |
| 6/5/2025 | House |
• 1st Reading (Original Filed Version) • Favorable by Budget Committee • Reported out of Budget Committee • Bill released to House Calendar • Added to Second Reading Calendar |
| 6/16/2025 | House |
• Read 2nd time • Placed on 3rd reading • Added to Third Reading Calendar • Read 3rd time • Passed; YEAS 101, NAYS 0 |
| 6/16/2025 | Senate |
• In Messages • Referred to Appropriations • Withdrawn from Appropriations -SJ 1575 • Placed on Calendar, on 2nd reading • Substituted for SB 1906 -SJ 1575 • Received -SJ 1581 • Read 2nd time -SJ 1575 • Read 3rd time -SJ 1575 • Passed; YEAS 34 NAYS 0 -SJ 1575 |
| 6/16/2025 | House |
• In Messages • Ordered enrolled |
| 6/27/2025 |
• Signed by Officers and presented to Governor |
