2007 Regular Session

HOUSE BILL 1210

File Code: State Debt (Bond Bills) Crossfiled with: SENATE BILL 928
NOTE: Bond bills that received funding in fiscal 2008 were amended into the State's Capital budget (HB 51). Individual bond bills were not acted upon by the legislature, instead the General Assembly amended HB 51 to specifically list the projects it selected for funding. Click here for special information pertaining to 2007 Bond Bills.
Sponsored By:
Delegate Hubbard
Entitled:
Creation of a State Debt - Prince George's County - Reid Community Business Development Center

Synopsis:

Authorizing the creation of a State Debt not to exceed $500,000, the proceeds to be used as a grant to the Board of Directors of the Reid Community Development Corporation for the acquisition, planning, construction, and capital equipping of the Reid Community Business Development Center; providing for disbursement of the loan proceeds, subject to a requirement that the grantee provide and expend a matching fund; prohibiting the use of the loan proceeds or matching fund for sectarian religious purposes; etc.

History by Legislative and Calendar Date

House Action
2/21
First Reading House Rules and Executive Nominations
2/26
Re-referred Appropriations
2/28
Hearing 3/10 at 4:00 p.m.
4/9
Unfavorable Report by Appropriations
Senate Action
No Action

Bill indexed under the following Subjects:

Community Development
Community Facilities and Services
Prince George's County
State Bonds

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy 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