SENATE BILL 784

File Code: State Debt (Bond Bills) Crossfiled with: HOUSE BILL 1268

Sponsored By:

Senator Currie

Entitled:

Creation of a State Debt - Prince George's County - Business Development Assistance Center

Synopsis:

Authorizing the creation of a State Debt in the amount of $500,000, the proceeds to be used as a grant to the Board of Directors of Economic Development and Training Institute, Inc. for the acquisition of condominium/townhouse units to be converted into incubators for the Business Development Assistance Center, located at 5625 Allentown Road, #107 in Suitland; providing for disbursement of the loan proceeds, subject to a requirement that the grantee provide and expend a matching fund; etc.

History by Legislative Date

Senate Action

2/8

First Reading Senate Rules

2/14

Re-referred Budget and Taxation

3/6

Hearing 3/23 at 5:00 p.m.

3/13

Hearing cancelled

House Action

No Action

Bill indexed under the following Subjects:

COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc

PRINCE GEORGE'S COUNTY

STATE BONDS

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered