HOUSE BILL 981

File Code: State Debt (Bond Bills) Crossfiled with: SENATE BILL 136

Sponsored By:

Delegates Franchot and Hixson

Entitled:

Creation of a State Debt - Montgomery County - The Link - Ages Place

Synopsis:

Authorizing the creation of a State Debt not to exceed $500,000, the proceeds to be used as a grant to the Board of Trustees of Christ Congregational Church, Inc. for specified development or improvement purposes; providing for disbursement of the loan proceeds, subject to a requirement that the grantee provide and expend a matching fund; providing that no proceeds of the sale of the bonds or any matching funds may be used for religious purposes; and providing generally for the issuance and sale of bonds evidencing the loan.

History by Legislative Date

House Action

2/8

First Reading Appropriations

2/27

Hearing 3/18 at 1:00 p.m.

4/2

Unfavorable Report by Appropriations

Senate Action

No Action

Sponsored by:

Delegate Peter Franchot, District 20

Delegate Sheila E. Hixson, District 20

Bill indexed under the following Subjects:

COMMUNITY FACILITIES AND SERVICES

MONTGOMERY COUNTY

STATE BONDS

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered