SENATE BILL 861

File Code: State Debt (Bond Bills) Crossfiled with: HOUSE BILL 220

Sponsored By:

Senator Colburn

Entitled:

Creation of a State Debt - Caroline County - Old Schoolhouse Redevelopment

Synopsis:

Authorizing the creation of a State Debt not to exceed $250,000, the proceeds to be used as a grant to the Board of Directors of the Denton Development Corporation for the acquisition, planning, design, construction, repair, renovation, and reconstruction of the old schoolhouse on Franklin Street in Denton; providing for disbursement of the loan proceeds, subject to a requirement that the grantee provide and expend a matching fund; and requiring the grantee to grant and convey an easement to the Maryland Historical Trust.

History by Legislative Date

Senate Action

2/20

First Reading Senate Rules

2/26

Re-referred Budget and Taxation

3/6

Hearing 3/23 at 2:00 p.m.

3/13

Hearing cancelled

House Action

No Action

Bill indexed under the following Subjects:

CAROLINE COUNTY

HISTORICAL MATTERS

SMALL BUSINESS

STATE BONDS

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered