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Terms Used In Vermont Statutes Title 32 Sec. 1001a

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.

§ 1001a. Reports

(a) The Capital Debt Affordability Advisory Committee shall prepare and submit consistent with 2 V.S.A. § 20(a) a report on:

(1) general obligation debt, pursuant to subsection 1001(c) of this title; and

(2) how many, if any, Transportation Infrastructure Bonds have been issued and under what conditions.

(b) The provisions of 2 V.S.A. § 20(d) (expiration of required reports) shall not apply to the reports to be made under this section. (Added 2003, No. 122 (Adj. Sess.), § 294h; amended 2009, No. 50, § 32, eff. June 1, 2009; 2013, No. 142 (Adj. Sess.), § 66; 2017, No. 84, § 28, eff. June 16, 2017.)