2007 Regular Session

SENATE BILL 167

File Code: Transportation - Generally Prior Year Introduction As: SB 850/06
Sponsored By:
Senators Kramer, Forehand, Garagiola, McFadden, Munson, and Muse
Entitled:
Transportation Funding - Mass Transit Account

Synopsis:

Creating a Mass Transit Account within the Transportation Trust Fund; providing for the distribution of sales and use tax revenue to the Account; pledging specified taxes to pay the principal and interest on specified bonds; limiting the use of the Account to funding specified transit expenses; providing that sales and use revenues distributed to the Account are in addition to and may not supplant other funds for mass transit; stating a specified intent of the General Assembly; etc.

History by Legislative and Calendar Date

Senate Action
1/26
First Reading Budget and Taxation
1/31
Hearing 2/14 at 1:00 p.m.
3/12
Unfavorable Report by Budget and Taxation
House Action
No Action

Sponsored by:

Senator Rona E. Kramer, District 14
Senator Jennie M. Forehand, District 17
Senator Rob Garagiola, District 15
Senator Nathaniel J. McFadden, District 45
Senator Donald F. Munson, District 2
Senator C. Anthony Muse, District 26

Bill indexed under the following Subjects:

Administrative Agencies -see also- Electronic Government
Bonds -see also- County & Baltimore City Bonds; State Bonds.
Budgets -see also- Capital Budgets
Counties -see also- Chartered Counties; Code Counties
District of Columbia
Grants
Mass Transit -see also- Buses; Railroads
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Sales and Use Tax
State Aid
Transportation-see also- Aircraft; Airports; Boats; etc

Bill affects the following Statutes:

Tax - General
( 2-1302.2 , 2-1303 )
Transportation
( 3-215 , 3-216 , 3-401 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered