2006 Regular Session

SENATE BILL 1010

File Code: State Debt (Bond Bills) Crossfiled with: HOUSE BILL 1661
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:
Senators Jones and Hughes
Entitled:
Creation of a State Debt - Baltimore City - Lyric Opera House

Synopsis:

Authorizing the creation of a State Debt not to exceed $1,000,000, the proceeds to be used as a grant to the Board of Trustees of the Lyric Foundation, Inc. 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; requiring the grantee to grant and convey a specified easement to the Maryland Historical Trust; establishing a deadline for the encumbrance or expenditure of the loan proceeds; etc.

History by Legislative Date

Senate Action
3/2
First Reading Senate Rules
3/8
Re-referred Budget and Taxation
Hearing 3/11 at 4:00 p.m.
House Action
No Action

Sponsored by:

Senator Verna L. Jones, District 44
Senator Ralph M. Hughes, District 40

Bill indexed under the following Subjects:

ART, MUSIC AND CULTURAL AFFAIRS -see also- MUSEUMS; THEATERS
BALTIMORE CITY
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