House Bill 19
149th General Assembly (Present)
Becomes effective upon date of signature of the Governor or upon date specified
AN ACT TO AMEND THE CHARTER OF THE TOWN OF ELSMERE.
This bill is a follow-up to House Bill No. 432, a change to the Town of Elsmere’s charter, passed in the 148th General Assembly. HB432 removed a cap on the amount of indebtedness the Town of Elsmere could incur to meet current expenses. This bill clarifies that such borrowing is intended to cover short term cash needs and shall not exceed anticipated revenue for the current fiscal year.