1997 Regular Session

HOUSE BILL 889

File Code: Property - Local
Sponsored By:
Montgomery County and Prince George's County Delegations
Entitled:
Prince George's County - MNCPPC Land Acquisition Revolving Fund - Bonding and Taxing Authority MC/PG 38-97

Synopsis:

Prohibiting the Maryland-National Capital Park and Planning Commission (MNCPPC) from issuing or selling bonds to fund the land acquisition revolving fund on or after July 1, 1997; prohibiting the Prince George's County Council from levying a tax at a rate greater than a rate necessary to pay the interest and principal on existing bonds; authorizing the MNCPPC to transfer land to a nongovernmental purchaser only after offering it for sale at a public auction; requiring the transfer proceeds to be placed in the fund; etc.

Legislative History

House Action
1/31
First Reading Commerce and Government Matters
2/12
Hearing 3/6 at 1:15 p.m.
2/14
Hearing cancelled
2/17
Re-referred Appropriations
2/18
Hearing 2/27 at 11:00 a.m.
Senate Action
No Action
Bill indexed under the following Subjects:
BONDS -see also- COUNTY & BALTIMORE CITY BONDS; STATE BONDS.
MARYLAND-NATIONAL CAPITAL PARK AND PLANNING COMMISSION
PRINCE GEORGE'S COUNTY
PROPERTY TAX -see also- ASSESSMENTS
REAL PROPERTY
REVENUE AND TAXES -see also specific taxes -
Bill affects the following Statute:
Article - 28 Maryland-National Capital Park and Planning Commission
( 7-106 )

Documents:

Bill Text:
First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)