2005 Regular Session

HOUSE BILL 1445

File Code: State Debt (Bond Bills) Crossfiled with: SENATE BILL 914
NOTE: Bond bills that received funding in fiscal 2006 were amended into the State's Capital budget (HB 340). Individual bond bills were not acted upon by the legislature, instead the General Assembly amended HB 340 to specifically list the projects it selected for funding. Click here for special information pertaining to 2005 Bond Bills.
Sponsored By:
Delegates Patterson, Kelley, and V. Turner
Entitled:
Creation of a State Debt - Prince George's County - Kairos Senior Housing Complex

Synopsis:

Authorizing the creation of a State Debt not to exceed $1,000,000, the proceeds to be used as a grant to the Board of Directors of Kairos Development Corporation, Inc. for the planning, design, acquisition, construction, reconstruction, and capital equipping of the Kairos Senior Housing Complex, which will provide housing for low income senior citizens; 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

House Action
2/22
First Reading House Rules and Executive Nominations
3/3
Re-referred Appropriations
3/4
Hearing 3/19 at 5:30 p.m.
4/11
Unfavorable Report by Appropriations
Senate Action
No Action

Sponsored by:

Delegate Obie Patterson, District 26
Delegate Darryl A. Kelley, District 26
Delegate Veronica Turner, District 26

Bill indexed under the following Subjects:

ELDERLY PERSONS
HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES
PRINCE GEORGE'S COUNTY
STATE BONDS

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available    Bond Bill Fact Sheet: Available
The information in the Fact Sheet was provided by the potential grantee of the bond proceeds.
Amendments: None offered