2006 Regular Session

SENATE BILL 540

File Code: State Debt (Bond Bills) Crossfiled with: HOUSE BILL 1623
NOTE: Bond bills that received funding in fiscal 2006 were amended into the State's Capital budget (SB 370). Individual bond bills were not acted upon by the legislature, instead the General Assembly amended SB 370 to specifically list the projects it selected for funding. Click here for special information pertaining to 2006 Bond Bills.
Sponsored By:
Senator McFadden
Entitled:
Creation of a State Debt - Baltimore City - L.A.M.B. Community Resource Center

Synopsis:

Authorizing the creation of a State Debt in the amount of $500,000, the proceeds to be used as a grant to the Board of Directors of L.A.M.B., Inc. for the planning, design, construction, repair, renovation, reconstruction, and capital equipping of the community resource center; providing for disbursement of the loan proceeds, subject to a requirement that the grantee provide and expend a matching fund; prohibiting the loan proceeds or the matching fund from being used for sectarian religious purposes; etc.

History by Legislative Date

Senate Action
2/3
First Reading Budget and Taxation
2/27
Hearing 3/11 at 5:00 p.m.
House Action
No Action

Bill indexed under the following Subjects:

BALTIMORE CITY
COMMUNITY FACILITIES AND SERVICES
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