Section 7-6-1115 - Local government debt limitations not to apply to short-term obligationsThe debt limitations for local governments in Title 7, chapter 7, and Title 20, chapter 9, do not apply to gross proceeds obligations or short-term obligations issued in accordance with this part.
Amended by Laws 2021, Ch. 145,Sec. 9, eff. 4/8/2021, applicable: (1) retroactively, within the meaning of 1-2-109, to installment payments of delinquent coal gross proceeds taxes, interest, and penalties that were due on or before 4/8/2021; and (2) to installment payments of delinquent coal gross proceeds taxes, interest, and penalties due after 4/8/2021..En. Sec. 7, Ch. 481, L. 1985.