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Legislation


2007 Regular Session

SENATE BILL 126

File Code: State Debt (Bond Bills) Crossfiled with: HOUSE BILL 111
Sponsored By:
Senators Della and McFadden
Entitled:
Creation of a State Debt - Baltimore City - Jonestown Entrepreneur Center

Synopsis:

Authorizing the creation of a State Debt not to exceed $750,000, the proceeds to be used as a grant to the Board of Trustees of Jonestown Entrepreneur Center, Inc. for the design, construction, and capital equipping of a commercial facility to serve as a small business incubator for small minority- and women-owned businesses, located in Baltimore City; providing for disbursement of the loan proceeds, subject to a requirement that the grantee provide and expend a matching fund; etc.

History by Legislative and Calendar Date

Senate Action
1/24
First Reading Budget and Taxation
2/28
Hearing 3/10 at 9:00 a.m.
House Action
No Action

Sponsored by:

Senator George W. Della, Jr., District 46
Senator Nathaniel J. McFadden, District 45

Bill indexed under the following Subjects:

Baltimore City
Minorities -see also- Women
Small Business
State Bonds
Women

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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