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Legislation


2005 Regular Session

HOUSE BILL 1480

File Code: State Debt (Bond Bills) Prior Year Introduction As: SB 912/04 - B&T Crossfiled with: SENATE BILL 271
Sponsored By:
Delegates Barve, Gordon, and Simmons
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

House Action
2/23
First Reading House Rules and Executive Nominations
3/3
Re-referred Appropriations
3/4
Hearing 3/19 at 3:00 p.m.
4/11
Unfavorable Report by Appropriations
Senate Action
No Action

Sponsored by:

Delegate Kumar P. Barve, District 17
Delegate Michael R. Gordon, District 17
Delegate Luiz R. S. Simmons, District 17

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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