[Congressional Record Volume 157, Number 94 (Tuesday, June 28, 2011)]
[Senate]
[Page S4161]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

      By Mrs. McCASKILL (for herself, Mr. Durbin, Mr. Kirk, and Mr. 
        Blunt):
  S.J. Res. 22. A joint resolution to grant the consent of Congress to 
an amendment to the compact between the States of Missouri and Illinois 
providing that bonds issued by the Bi-State Development Agency may 
mature in not to exceed 40 years; to the Committee on the Judiciary.
  Mrs. McCASKILL. Mr. President, I ask unanimous consent that the text 
of the joint resolution be printed in the Record.
  There being no objection, the text of the joint resolution was 
ordered to be printed in the Record, as follows:

                              S.J. Res. 22

       Whereas to grant the consent of Congress to an amendment to 
     the compact between the States of Missouri and Illinois 
     providing that bonds issued by the Bi-State Development 
     Agency may mature in not to exceed 40 years;
       Whereas the Congress in consenting to the compact between 
     Missouri and Illinois creating the Bi-State Development 
     Agency and the Bi-State Metropolitan District provided that 
     no power shall be exercised by the Bi-State Agency until such 
     power has been conferred upon the Bi-State Agency by the 
     legislatures of the States to the compact and approved by an 
     Act of Congress;
       Whereas such States previously enacted legislation 
     providing that the Bi-State Agency had the power to issue 
     notes, bonds, or other instruments in writing provided they 
     shall mature in not to exceed 30 years, and Congress 
     consented to such power; and
       Whereas such States have now enacted legislation amending 
     this power: Now therefore, be it
       Resolved by the Senate and House of Representatives of the 
     United States of America in Congress assembled,

     SECTION 1. CONSENT.

       (a) In General.--The consent of Congress is given to the 
     amendment of the powers conferred on the Bi-State Development 
     Agency by Senate Bill 758, Laws of Missouri 2010 and Public 
     Act 96-1520 (Senate Bill 3342), Laws of Illinois 2010.
       (b) Effective Date.--The amendment to the powers conferred 
     by the Acts consented to in subsection (a) shall take effect 
     on December 17, 2010.

     SEC. 2. APPLICATION OF ACT OF AUGUST 31, 1950.

       The provisions of the Act of August 31, 1950 (64 Stat. 568) 
     shall apply to the amendment approved under this joint 
     resolution to the same extent as if such amendment was 
     conferred under the provisions of the compact consented to in 
     such Act.

     SEC. 3. RIGHT TO ALTER, AMEND, OR REPEAL.

       The right to alter, amend, or repeal this joint resolution 
     is expressly reserved.

     SEC. 4. RESERVATION OF RIGHTS.

       The right is reserved to Congress to require the disclosure 
     and furnishings of such information or data by the Bi-State 
     Development Agency as is deemed appropriate by Congress.

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