SB0324

2013 Regular Session

 

Entitled:

Creation of a State Debt - Montgomery County - Identity House Expansion

Sponsored by:

Senator Forehand

Status:

In the Senate - Hearing 3/09 at 9:00 a.m.


Synopsis:Authorizing the creation of a State Debt not to exceed $130,000, the proceeds to be used as a grant to the Board of Directors of Identity, Inc. for the construction and renovation of the Identity House, located in Gaithersburg; 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.
Analysis:Fiscal and Policy Note
All Sponsors:Senators Forehand and King
Additional Facts:Cross-filed with: HB0512
Bill File Type: Regular
Effective Date(s): June 1, 2013
NOTE: Bond bills that received funding in fiscal 2014 were amended into the State's Capital budget (HB 101). Individual bond bills were not acted upon by the legislature, instead the General Assembly amended HB 101 to specifically list the projects it selected for Bond Funding.
Committee(s):
Budget and Taxation  Listen to Committee Hearing
Broad Subject(s):State Debt (Bond Bills)
Narrow Subject(s):Community Facilities and Services
Montgomery County
Nonprofit Organizations
State Bonds
Youth -see also- Minors
Statutes:

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


October 24, 2017 1:08 P.M.