2007 Regular Session

SENATE BILL 608

File Code: State Debt (Bond Bills) Crossfiled with: HOUSE BILL 647
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:
Senator Forehand
Entitled:
Creation of a State Debt - Montgomery County - Gaithersburg Regional Aquatic Recreation Center

Synopsis:

Authorizing the creation of a State Debt not to exceed $1,000,000, the proceeds to be used as a grant to the Mayor and City Council of the City of Gaithersburg for the design, construction, and capital equipping of the Gaithersburg Regional Aquatic Recreation Center; 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 and Calendar Date

Senate Action
2/2
First Reading Budget and Taxation
2/28
Hearing 3/10 at 9:00 a.m.
House Action
No Action

Bill indexed under the following Subjects:

Montgomery County
Recreation
Sports -see also- Recreation; Stadiums
State Bonds
Swimming Pools

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