CHAPTER NUMBER: 564
File Code: Economic and Community Development
- Sponsored By:
-
Senators Amoss, Miller, Hoffman, Currie, Lawlah, Munson,
Middleton, Boozer, and Hogan
- Entitled:
-
Economic Development - Loans Guaranteed by Political Subdivisions
Permitting a loan under the Maryland Industrial Land Act and a loan or
grant from the Maryland Industrial and Commercial Redevelopment Fund
to be made to an entity other than a political subdivision; requiring
that a percentage of such a loan be guaranteed by a political
subdivision unless waived by the Secretary; altering the local
matching and full faith and credit requirements of local subdivisions
borrowing under the Act or from the Fund; requiring that specified
investment earnings be paid to the Act and the Fund; etc.
Senate Action
- 1/16
- First Reading Budget and Taxation
- 1/22
- Hearing 1/29 at 1:30 p.m.
- 2/17
- Favorable with Amendments Report by Budget and Taxation
- 2/18
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 2/20
- Third Reading Passed (47-0)
- 4/6
- Senate Concur - House Amendments
- Third Reading Passed (47-0)
- Passed Enrolled
- 5/22
- Signed by the Governor Chapter 564
House Action
- 2/21
- First Reading Economic Matters
- 3/20
- Hearing 3/26 at 1:00 p.m.
- 4/5
- Favorable with Amendments Report by Economic Matters
- 4/1
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/3
- Third Reading Passed with Amendments (138-1)
- Sponsored by:
- Senator William H. Amoss, District 35
- Senator F. Vernon Boozer, District 9
- Senator Ulysses Currie, District 25
- Senator Barbara A. Hoffman, District 42
- Senator Patrick J. Hogan, District 39
- Senator Gloria Gary Lawlah, District 26
- Senator Thomas McLain Middleton, District 28
- Senator Thomas V. Mike Miller, Jr., District 27
- Senator Donald F. Munson, District 2
- Bill indexed under the following Subjects:
- BUSINESS AND ECONOMIC DEVELOPMENT, DEPARTMENT OF
- COMMERCIAL REHABILITATION
- COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES
- INDUSTRY AND TECHNOLOGY
- INVESTMENTS
- LOANS
- MUNICIPAL CORPORATIONS
- Bill affects the following Statutes:
- Article - 83A Department of Business and Economic Development
- (
5-103 ,
5-214 ,
5-703 ,
5-704 ,
5-705 ,
5-706 ,
5-707 ,
5-708 ,
5-709 ,
5-710 ,
5-712 ,
5-715 ,
5-716 ,
5-717 ,
5-801 ,
5-802 ,
5-803 ,
5-804 ,
5-805 ,
5-806 ,
5-808
)
- Bill Text:
- First Reading (PDF),
Third Reading (PDF), Enrolled (PDF)
- Fiscal Note:
Available (PDF)
Amendments:
- Senate
- Number: 529707/2 (PDF) Offered on: FEBRUARY 18, 1997 at: 11:08
Status: Adopted
- House
- Number: 583869/1 (PDF) Offered on: APRIL 5, 1997 at: 12:40
Status: Adopted