Public Finance

State Budget

SECTION 35-3-7.1

§ 35-3-7.1. Biennial capital development program.

(a) Biennially, for presentation to the voters at the next general election, a comprehensive plan detailing the capital goods and services required in the upcoming two (2) year period will be presented.

(b) The plan shall also include consideration of the current capital indebtedness and the proposed capital requirements for all independent authorities created under and by the laws of this state.

(c) All capital referenda will be presented to the voters at a general election, except, upon a finding of compelling need for the public health, safety, or welfare, the general assembly may present the capital program at a time other than the general election.

History of Section.
(P.L. 1990, ch. 65, art. 12, § 1.)