2007 Regular Session

SENATE BILL 291

File Code: State Debt (Bond Bills) Crossfiled with: HOUSE BILL 224
Sponsored By:
Senators Madaleno, Forehand, Frosh, Garagiola, Hogan, Kramer, Lenett, and Raskin
Entitled:
Creation of a State Debt - Montgomery County - Circle Manor

Synopsis:

Authorizing the creation of a State Debt not to exceed $150,000, the proceeds to be used as a grant to the Mayor and Town Council of the Town of Kensington for the acquisition of Circle Manor; 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; requiring the grantee to grant and convey a specified easement to the Maryland Historical Trust; etc.

History by Legislative and Calendar Date

Senate Action
1/31
First Reading Budget and Taxation
2/28
Hearing 3/10 at 1:00 p.m.
House Action
No Action

Sponsored by:

Senator Richard S. Madaleno, Jr., District 18
Senator Jennie M. Forehand, District 17
Senator Brian E. Frosh, District 16
Senator Rob Garagiola, District 15
Senator Patrick J. Hogan, District 39
Senator Rona E. Kramer, District 14
Senator Mike Lenett, District 19
Senator Jamie Raskin, District 20

Bill indexed under the following Subjects:

Community Facilities and Services
Historical Matters
Montgomery 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