SB0506

Find a 2014 Bill:

2014 Regular Session

 

Entitled:

Creation of a State Debt - Montgomery County - Potomac Community Resources Home

Sponsored by:

Senator Feldman

Status:

In the Senate - Hearing 3/08 at 2:00 p.m.


Synopsis:Authorizing the creation of a State Debt not to exceed $500,000, the proceeds to be used as a grant to the Board of Directors of the Potomac Community Resources, Inc. for specified development or improvement purposes related to the Potomac Community Resources Home, located in Montgomery County; 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.
Analysis:Fiscal and Policy Note
All Sponsors:Senator Feldman
Additional Facts:Cross-filed with: HB0504
Bill File Type: Regular
Effective Date(s): June 1, 2014
NOTE: Bond bills that received funding in fiscal 2015 were amended into the State's Capital budget (SB 171). Individual bond bills were not acted upon by the legislature, instead the General Assembly amended SB 171 to specifically list the projects it selected for Bond Funding.
Committee(s):
Budget and Taxation   View Committee Hearing
Broad Subject(s):State Debt (Bond Bills)
Narrow Subject(s):Community Facilities and Services
Developmental Disabilities
Montgomery County
State Bonds
Statutes:

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


October 24, 2017 1:56 P.M.