Vermont Statutes Annotated — Title 32 (Taxation and Finance)
32 V.S.A. § 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. (
Source: official text