HOUSE BILL 1040

File Code: State Debt (Bond Bills) Crossfiled with: SENATE BILL 785

Sponsored By:

Delegate Griffith

Entitled:

Creation of a State Debt - Prince George's County - Mt. Calvary Senior Housing

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 Directors of Victory Housing, Inc. for the construction of an apartment building for senior residents, located on the campus of Mt. Calvary Parish; providing for disbursement of the loan proceeds, subject to a requirement that the grantee provide and expend a matching fund; prohibiting the use of the proceeds of the sale of the bonds or the matching fund for sectarian religious purposes; etc.

History by Legislative Date

House Action

2/8

First Reading Appropriations

2/27

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

4/2

Unfavorable Report by Appropriations

Senate Action

No Action

Bill indexed under the following Subjects:

APARTMENTS

ELDERLY PERSONS

PRINCE GEORGE'S COUNTY

STATE BONDS

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered