2006 Regular Session

HOUSE BILL 1511

File Code: State Debt (Bond Bills) Crossfiled with: SENATE BILL 789
NOTE: Bond bills that received funding in fiscal 2006 were amended into the State's Capital budget (SB 370). Individual bond bills were not acted upon by the legislature, instead the General Assembly amended SB 370 to specifically list the projects it selected for funding. Click here for special information pertaining to 2006 Bond Bills.
Sponsored By:
Delegate Jameson
Entitled:
Creation of a State Debt - Statewide Fiber Optic Network

Synopsis:

Authorizing the creation of a State Debt not to exceed $2,000,000, the proceeds to be used as a grant to the Board of Directors of the Lower Shore Broadband Cooperative, Inc. for the planning, design, acquisition, construction, and installation of a statewide fiber optic network; 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

House Action
2/15
First Reading House Rules and Executive Nominations
2/27
Re-referred Appropriations
3/1
Hearing 3/13 at 10:00 a.m.
4/4
Unfavorable Report by Appropriations
Senate Action
No Action

Bill indexed under the following Subjects:

STATE BONDS
TELECOMMUNICATIONS -see also- TELEPHONES

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