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Legislation


2007 Regular Session

SENATE BILL 857

File Code: State Debt (Bond Bills) Crossfiled with: HOUSE BILL 1136
Sponsored By:
Senator Gladden
Entitled:
Creation of a State Debt - Baltimore City - Knowledge Is Power Program Academy

Synopsis:

Authorizing the creation of a State Debt not to exceed $100,000, the proceeds to be used as a grant to the Board of Directors of KIPP Baltimore, Inc. for the acquisition, construction, and renovation of KIPP Academy, a college preparatory public school for underserved students, located in Baltimore City; 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; etc.

History by Legislative and Calendar Date

Senate Action
2/19
First Reading Senate Rules
2/21
Re-referred Budget and Taxation
2/28
Hearing 3/10 at 12:00 p.m.
House Action
No Action

Bill indexed under the following Subjects:

Baltimore City
Public Schools
State Bonds

Documents:

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