The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
008
:
MANAGEMENT OF STATE DEBT
(Cite as: 32 V.S.A. § 1000)
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§ 1000. Affordable amount of general obligation bond authorization
When the General Assembly authorizes the issuance of new long-term general obligation
bonds, it shall consider the maximum amount of such bonds recommended as prudent for
the fiscal year concerned by the Capital Debt Affordability Advisory Committee created
for this purpose by this subchapter. This requirement shall apply to the authorizations
of all State tax supported general obligation bonds, which are secured by the State
General and Transportation Funds. (Added 1989, No. 258 (Adj. Sess.), § 1.)