A bill to amend the District of Columbia Self-Government and Governmental Reorganization Act and the charter of the District of Columbia with respect to the provisions allowing the District of Columbia to issue general obligation bonds and notes and revenue bonds, notes, and other obligations.

[AI summary unavailable — showing source text] Amends the District of Columbia Self-Government and Governmental Reorganization Act to add items to the definition of "capital project" so that they may be financed by District bonds. Exempts specified provisions from the requirement that Congress must approve obligations of District funds. Authorizes the Mayor to make the required payments on the interest and principal of general obligation bonds and notes issued to finance capital projects. Authorizes the Mayor to take certain actions concerning bonds that created a security interest in District revenues. Changes the times at which the interest on District bonds issued for capital projects is payable. Requires that the District must hold elections on whether to issue bonds for capital projects. Requires such elections to be held before the legislation authorizing the issuance of the bonds is sent to Congress. Requires the Mayor to publish a notice in a District newspaper whenever legislation authorizing the issuance of general obligation bonds is enacted. Sets forth the limitation period between the time such legislation is enacted and the time it is deemed immune from certain court challenges. Authorizes the Mayor to issue the b…