2005 Regular Session

SENATE BILL 525

File Code: State Debt (Bond Bills) Prior Year Introduction As: HB 515/04 - APP Crossfiled with: HOUSE BILL 32
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:
Senator Colburn
Entitled:
Creation of a State Debt - Dorchester County - Dorchester Arts Center

Synopsis:

Authorizing the creation of a State Debt not to exceed $800,000, the proceeds to be used as a grant to the Board of Directors of the Dorchester Arts Center, Inc. for certain development or improvement purposes; providing for disbursement of the loan proceeds, subject to a requirement that the grantee provide and expend a matching fund; requiring the grantee to grant and convey a certain easement to the Maryland Historical Trust; establishing a deadline for the encumbrance or expenditure of the loan proceeds; etc.

History by Legislative Date

Senate Action
2/4
First Reading Budget and Taxation
3/2
Hearing 3/21 at 9:00 a.m.
3/4
Hearing cancelled
Hearing 3/21 at 11:00 a.m.
House Action
No Action

Bill indexed under the following Subjects:

ART, MUSIC AND CULTURAL AFFAIRS -see also- MUSEUMS; THEATERS
COMMUNITY FACILITIES AND SERVICES
DORCHESTER 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