SB 535-FN (1994): relative to the issuance of tax-exempt bonds for the purpose of financing the acquisition and origination of educational loans and providing for indemnification of board members, officers, and employees of the higher education and health facil
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- “SB 535-FN (1994): relative to the issuance of tax-exempt bonds for the purpose of financing the acquisition and origination of educational loans and providing for indemnification of board members, officers, and employees of the higher education and health facil.” Granite Record, https://graniterecord.org/bill/1994/sb535. Accessed 24 Oct. 2026.
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- Granite Record. (n.d.). SB 535-FN (1994): relative to the issuance of tax-exempt bonds for the purpose of financing the acquisition and origination of educational loans and providing for indemnification of board members, officers, and employees of the higher education and health facil. Retrieved 24 Oct. 2026, from https://graniterecord.org/bill/1994/sb535
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- Granite Record. “SB 535-FN (1994): relative to the issuance of tax-exempt bonds for the purpose of financing the acquisition and origination of educational loans and providing for indemnification of board members, officers, and employees of the higher education and health facil.” Accessed 24 Oct. 2026. https://graniterecord.org/bill/1994/sb535.
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@misc{bill-1994-sb535, title = {SB 535-FN (1994): relative to the issuance of tax-exempt bonds for the purpose of financing the acquisition and origination of educational loans and providing for indemnification of board members, officers, and employees of the higher education and health facil}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1994/sb535}, note = {Accessed 24 Oct. 2026} }
SB 535-FN (1994)
relative to the issuance of tax-exempt bonds for the purpose of financing the acquisition and origination of educational loans and providing for indemnification of board members, officers, and employees of the higher education and health facil
- Status: Signed into law
- Term: 1993-1994
- House committee: Education
- Senate committee: Education
- Subject: Education - General
- Chapter law: 86
The Story
It was introduced on January 5, 1994 and referred to the Senate Education committee. The committee held a public hearing on February 8, 1994. The committee recommended that the Senate pass it with changes. On February 16, 1994 the Senate voted to pass it with changes on a voice vote. It crossed to the House on February 17, 1994 and was referred to the House Education committee. The committee held a public hearing on March 22, 1994. The majority of the committee recommended that the House pass it unanimously, 15–0, and the report was placed on the consent calendar. On April 19, 1994 the House voted to pass it. The bill was enrolled on April 28, 1994 — the final check of the text before it goes to the governor. The governor signed it on May 6, 1994, making it Chapter 86 of the session laws. It took effect on July 5, 1994.
Sponsors
- Sen. Podles (SD16) (prime sponsor)
- Rep. Gagnon (Hills 48)
- Rep. Skinner (Rock 27)
Hearings and Sessions
- February 8, 1994, 10:00 AM: hearing, Senate Education, RM102,LOB
- March 22, 1994, 10:00 AM: hearing, House Education, RM202,LOB
Votes
- February 16, 1994, Senate: Ought to Pass with Amendment — voice vote, passed
The Docket
- January 5, 1994: INTRODUCED AND REF TO EDUCATION; SJ1,P8
- January 5, 1994: //CANCELLED//HEARING JAN18 11:00 RM102,LOB FOR: EDUCATION
- February 8, 1994: RESCHEDULED HEARING FEB08 10:00 RM102,LOB FOR: EDUC
- February 15, 1994: COMM REPORT OTP/AM FEB16
- February 15, 1994: PROP COMM AM<5096>(NEW TITLE); SC11,P10-11
- February 16, 1994: COMM AM, AA VV; PASSED WITH AM VV; SJ7,P144 + 162
- February 17, 1994: INTRODUCED AND REF TO EDUCATION; HJ34,P1054
- February 17, 1994: IN SEAT POCKET ON 02/17/94 DUE ON 04/28/94
- March 22, 1994: HEARING MAR22 10:00 RM202,LOB FOR: EDUCATION
- April 14, 1994: MAJ REPORT OTP FOR APR19 (VOTE 15-0;CC)
- April 19, 1994: PASSED; HJ53,P1702 + 1742
- April 26, 1994: ENROLLED; SJ13,P321
- April 28, 1994: ENROLLED; HJ58,P1851
- May 6, 1994: SIGNED BY GOVERNOR 05/06/94 EFF: 07/05/94 CHAP.0086