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2018 Regular Session



Creation of a State Debt - Dorchester County - Patriot Point

Sponsored by:

Senator Smith


In the Senate - Hearing 3/10 at 4:00 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 Patriot Point LLC for the acquisition, planning, design, construction, repair, renovation, reconstruction, site improvement, and capital equipping of the Patriot Point retreat facility, located in Dorchester County; providing for disbursement of the loan proceeds, subject to a requirement that the grantee provide and expend a matching fund; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senators Smith, Astle, Cassilly, Eckardt, Klausmeier, Manno, Mathias, Oaks, Peters, Waugh, and Young
Additional Facts:Cross-filed with: HB1367
Bill File Type: Regular
Effective Date(s): June 1, 2018
Budget and Taxation
Broad Subject(s):State Debt (Bond Bills)
Narrow Subject(s):Community Facilities and Services
Dorchester County
Limited Liability Companies
State Bonds

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Explanation of Floor Motions and Actions

March 8, 2018 5:25 P.M.