SB1016

2013 Regular Session

 

Entitled:

Clean Energy Loan Programs - Private Lenders - Collection of Loan Payments

Sponsored by:

Senator Frosh

Status:

In the House - Rereferred to Economic Matters


Synopsis:Authorizing a private lender to provide capital for a loan provided under a local Clean Energy Loan Program; providing that, with the consent of any holder of a mortgage or deed of trust on the property, a county or municipality may collect loan payments owed on a commercial loan to a private lender or to a county or municipality through a surcharge on a property owner's property tax bill; providing that an unpaid surcharge constitutes a lien against the property on which it is imposed under specified circumstances; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senators Frosh, Astle, Garagiola, Glassman, Kelley, Kittleman, Klausmeier, Mathias, Middleton, Ramirez, and Pugh
Additional Facts:Bill File Type: Regular
Effective Date(s): October 1, 2013
Committee(s):
Finance  Listen to Committee HearingEconomic Matters
Broad Subject(s):Taxes - Property
Local Government - Generally
Narrow Subject(s):Alternative Energy Sources
Bonds -see also- County & Baltimore City Bonds; State Bonds
Commerce and Business -see also- Dealers; Elec. Comm.; etc.
Counties -see also- Chartered Counties; Code Counties
Deeds
Energy Matters -see also- Alt Energy Res; Fuel; Power Plants
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates
Financial Institutions -see also- Banks; Credit Unions; etc.
Liens -see also- Mechanics' Liens
Loans -see also- Mortgages
Municipal Corporations -see also- Annap; Balt; Hager; OC
Property Tax
Real Property
Statutes:Article - Local Government
(1-1101, 1-1102, 1-1103, 1-1104, 1-1105)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


October 24, 2017 1:10 P.M.