§ 142-101 – Debt Affordability Advisory Committee.
142-101. Debt Affordability Advisory Committee. (a) Membership. – The Debt Affordability Advisory Committee is created in the Department of State Treasurer. The Committee shall consist of five ex officio members or their designees and four appointed members, as follows: (1) The State Treasurer. (2) The Secretary of Revenue. (3) The State Budget Officer. (4) The […]
§ 142-100 – Purpose.
142-100. Purpose. The purpose of this Article is to provide tools for sound debt management by providing an annual debt affordability study to establish guidelines for maintaining prudent debt levels and by establishing a system for prioritizing State capital needs when the needs exceed the State’s capacity for new debt. (2004-179, s. 5.1.)