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<section article="gsf" article_name="State Finance and Procurement" number="8-113" title_number="8" title_name="Debt" subtitle_number="1" subtitle_name="General Obligation Debt">
  <text>On or before November 1 of each year, after considering the current estimate of the Committee, the Governor shall determine:</text>
  <level label="1">
    <text>the total authorizations of new State debt that the Governor considers advisable for the next fiscal year; and</text>
  </level>
  <level label="2">
    <text>the preliminary allocation of new State debt for:</text>
    <level label="i">
      <text>general construction projects;</text>
    </level>
    <level label="ii">
      <text>school construction projects; and</text>
    </level>
    <level label="iii">
      <text>other special projects.</text>
    </level>
  </level>
</section>
