HOUSE BILL 1424

Sponsored By:

Delegates Conway and McDermott

Entitled:

Ocean City Convention Center - Financial Obligations and Taxing Authority

Synopsis:

Altering a provision that places a limit on the amount of specified bonds that may be issued by a local governing body in connection with a specified convention center facility in a resort area and a tax on the sale of food and beverages in the resort area so that the limit applies to the total outstanding principal amount of the bonds; extending the time during which Ocean City and the Stadium Authority each own a specified leasehold interest in the Ocean City Convention Center and its expansion; etc.

History by Legislative and Calendar Date

House Action

3/1

First Reading House Rules and Executive Nominations

3/9

Re-referred Appropriations

3/12

Hearing 3/20 at 1:00 p.m.

4/5

Favorable Report by Appropriations

3/31

Favorable Report Adopted

Second Reading Passed

4/1

Third Reading Passed (127-11)

Senate Action

3/31

First Reading Senate Rules

Sponsored by:

Delegate Norman H. Conway, District 38B

Delegate Michael A. McDermott, District 38B

Bill indexed under the following Subjects:

Bonds -see also- County & Baltimore City Bonds; State Bonds.

Conventions

Food -see also- Kosher; Meat, Poultry, Seafood; Milk

Ocean City

Public Buildings and Facilities -see also- Stadiums; St Hse.

Revenue and Taxes -see also- Dev Fees &Taxes; specific tax

Sales and Use Tax

Stadium Authority

Bill affects the following Statutes:

Article - 25B Home Rule for Code Counties

( 13H )

Economic Development

( 10-643 , 10-643 )

Documents

Bill Text: First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Available

Amendments: None offered

Committee Votes :

House

Appropriations

Roll Call Vote (Legislative date is shown):

House

April 1, 2012: Third Reading Passed (127-11)