2005 Regular Session

SENATE BILL 676

File Code: State Debt (Bond Bills) Prior Year Introduction As: SB 2/04 - B&T Crossfiled with: HOUSE BILL 743
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 Kramer
Entitled:
Creation of a State Debt - Montgomery County - Olney Theatre Center Campus

Synopsis:

Authorizing the creation of a State Debt not to exceed $1,250,000, the proceeds to be used as a grant to the Board of Directors of the Olney Theatre Center for the Arts, Inc. for the acquisition, construction, and capital equipping of the Olney Theatre Center for the Arts; providing for disbursements 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
2/4
First Reading Budget and Taxation
3/2
Hearing 3/19 at 4:00 p.m.
House Action
No Action

Bill indexed under the following Subjects:

ART, MUSIC AND CULTURAL AFFAIRS -see also- MUSEUMS; THEATERS
MONTGOMERY COUNTY
STATE BONDS
THEATERS

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