Bill Summary
HB 5017 Debt Reduction (2025 Session)
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: July 1, 2025
06/04/25
HOUSE
Filed
06/04/25
HOUSE
Referred to Budget Committee
06/04/25
HOUSE
Now in Budget Committee
06/04/25
HOUSE
On Committee agenda - Budget Committee, 06/05/25, 2:30 pm, 212 K
06/05/25
HOUSE
Favorable by Budget Committee; 27 Yeas, 0 Nays
06/05/25
HOUSE
Placed on Calendar, on 2nd reading
06/16/25
HOUSE
Read Second Time; Read Third Time; Passed (Vote: 101 Yeas / 0 Nays)
06/16/25
SENATE
In Messages
06/16/25
SENATE
Received; Referred to Appropriations
06/16/25
SENATE
Withdrawn from Appropriations; Placed on Calendar, on 2nd Reading; Substituted for SBĀ 1906; Read Second Time; Read Third Time; Passed (Vote: 34 Yeas / 0 Nays)
06/16/25
HOUSE
Ordered enrolled
06/17/25
HOUSE
Enrolled Text (ER) Filed
06/27/25
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Signed by Officers and presented to Governor (Governor must act on this bill by 07/12/25)
215.98

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