2007 Regular Session

SENATE BILL 737

File Code: State Debt (Bond Bills) Crossfiled with: HOUSE BILL 419
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:
Cecil County Senators
Entitled:
Creation of a State Debt - Cecil County - 4-H Animal Display Barn

Synopsis:

Authorizing the creation of a State Debt in an amount of $250,000, the proceeds to be used as a grant to the Board of Directors of the Cecil County Fair, Inc. for the acquisition, planning, design, and capital equipping of an animal display barn, located in Elkton; 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; and providing generally for the issuance and sale of bonds evidencing the loan.

History by Legislative and Calendar Date

Senate Action
2/9
First Reading Senate Rules
2/16
Re-referred Budget and Taxation
2/28
Hearing 3/10 at 4:00 p.m.
House Action
No Action

Bill indexed under the following Subjects:

Animals -see also- Birds; Turtles
Cecil County
Fairs
Public Buildings and Facilities -see also- Stadiums; St Hse.
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