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2005 Regular Session bill information current as of December 15, 2005 - 10:48 p.m.
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SENATE BILL 271

File Code: State Debt (Bond Bills)
Prior Year Introduction As: SB 912/04 - B&T
Crossfiled with: HOUSE BILL 1480

Sponsored By:
Senators Forehand, Garagiola, Grosfeld, and Kramer

Entitled:
Creation of a State Debt - Montgomery County - Rockville Community Center

Synopsis:

Authorizing the creation of a State Debt not to exceed $300,000, the proceeds to be used as a grant to the Mayor and City Council of the City of Rockville for specified development or improvement purposes; providing for disbursement of the loan proceeds, subject to a requirement that the grantee provide and expend a matching fund; establishing a deadline for the encumbrance or expenditure of the loan proceeds; and providing generally for the issuance and sale of bonds evidencing the loan.

History by Legislative Date

Senate Action
1/27
First Reading Budget and Taxation
3/2
Hearing 3/19 at 4:00 p.m.
House Action
No Action

Sponsored by:

Senator Jennie M. Forehand, District 17
Senator Rob Garagiola, District 15
Senator Sharon M. Grosfeld, District 18
Senator Rona E. Kramer, District 14

Bill indexed under the following Subjects:

COMMUNITY FACILITIES AND SERVICES
MONTGOMERY COUNTY
MUNICIPAL CORPORATIONS -see also- ANNAP; BALT; HAGER; OC
STATE BONDS

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available    Bond Bill Fact Sheet: Available
The information in the Fact Sheet was provided by the potential grantee of the bond proceeds.

Amendments: None offered

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