SENATE BILL 870

File Code: State Debt (Bond Bills) Crossfiled with: HOUSE BILL 1460

Sponsored By:

Senator Currie

Entitled:

Creation of a State Debt - Prince George's County - Mission of Love

Synopsis:

Authorizing the creation of a State Debt not to exceed $475,000, the proceeds to be used as a grant to the Board of Directors of the Mission of Love, Inc. for the acquisition, design, construction, reconstruction, renovation, and capital equipping of land and an addition to a warehouse; providing for disbursement of the loan proceeds, subject to a requirement that the grantee provide and expend a matching fund; establishing a deadline for the encumbrance or expenditure of the loan proceeds; etc.

History by Legislative Date

Senate Action

2/23

First Reading Senate Rules

3/5

Re-referred Budget and Taxation

Hearing 3/6 at 1:00 p.m.

House Action

No Action

Bill indexed under the following Subjects:

COMMUNITY FACILITIES AND SERVICES

PRINCE GEORGE'S COUNTY

STATE BONDS

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered