HOUSE BILL 1389

File Code: Local Debt (Bond Bills)

Sponsored By:

Wicomico County Delegation

Entitled:

Wicomico County - Bonds - Limitation on Effect of Charter Provision Impairing Obligation to Levy or Collect Taxes

Synopsis:

Authorizing Wicomico County to provide security for the payment of principal of and interest on the County's borrowings by creating specified funds or pledging general fund revenues; prohibiting a charter provision of Wicomico County from impairing or being construed to impair the obligation of the County to levy and collect taxes to pay the principal and interest on bonds to which the County has pledged its unlimited taxing power and which are still outstanding on the effective date of the charter provision; etc.

History by Legislative Date

House Action

2/23

First Reading House Rules and Executive Nominations

3/1

Re-referred Appropriations

3/7

Hearing 3/21 at 1:00 p.m.

3/24

Favorable Report by Appropriations

3/21

Favorable Report Adopted

Second Reading Passed

3/24

Third Reading Passed (139-0)

Senate Action

3/27

First Reading Budget and Taxation

Hearing 4/2 at 2:30 p.m.

4/9

Unfavorable Report by Budget and Taxation

Bill indexed under the following Subjects:

CHARTERS

COUNTY AND BALTIMORE CITY BONDS

REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.

SECURITY INTERESTS -see also- LIENS; MECHANICS' LIENS

WICOMICO COUNTY

Bill affects the following Statute:

Article - 31 Debt - Public

( 2D )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered

Roll Call Vote (Legislative date is shown):

House

March 24, 2001: Third Reading Passed (139-0)