Current through the 2024 Fourth Special Session
Section 63B-27-103 - Highway bonds debt limitation(1) Notwithstanding Subsection 63B-27-101(1)(c), the commission may issue a general obligation bond authorized under Section 63B-27-101 if the issuance of the general obligation bond would result in the total current outstanding general obligation debt of the state exceeding 50% of the limitation described in the Utah Constitution, Article XIV, Section 1.(2) This section supersedes any conflicting provisions of Utah law.Added by Chapter 2, 2020SP3 General Session ,§ 1, eff. 4/22/2020.