[Congressional Record Volume 157, Number 144 (Monday, September 26, 2011)]
[Senate]
[Page S6007]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
GRANTING THE CONSENT OF CONGRESS
Mr. REID. I ask unanimous consent the Judiciary Committee be
discharged from further consideration of S.J. Res. 22 and the Senate
proceed to its immediate consideration.
The PRESIDING OFFICER. Without objection, it is so ordered.
The clerk will report the joint resolution by title.
The legislative clerk read as follows:
A joint resolution (S.J. Res. 22) 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.
There being no objection, the Senate proceeded to consider the joint
resolution.
Mr. REID. I ask unanimous consent the joint resolution be passed, the
preamble be agreed to, the motion to reconsider be considered made and
laid upon the table, there be no intervening action or debate, and any
statements be printed in the Record.
The PRESIDING OFFICER. Without objection, it is so ordered.
The joint resolution was ordered to be engrossed for a third reading,
was read the third time, and passed, 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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