2009 Regular Session

SENATE BILL 931

CHAPTER NUMBER: 627
File Code: Economic and Community Development Crossfiled with: HOUSE BILL 1331
Sponsored By:
Senator Currie
Entitled:
Community Development Administration - Local Government Infrastructure Financing Program - Capital Reserve Funds

Synopsis:

Authorizing the Community Development Administration to establish capital reserve funds in connection with the financing of infrastructure projects; providing that the fund may only be used to pay the principal of, and premium and interest on, obligations secured by the fund; providing that if the fund balance is below a specified minimum the Administration shall replenish the fund; requiring, under specified circumstances, that the Administration request the Comptroller to advance funds to replenish the fund; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
Senate Action
2/16
First Reading Senate Rules
2/26
Re-referred Budget and Taxation
3/4
Hearing 3/16 at 2:00 p.m.
3/24
Favorable with Amendments Report by Budget and Taxation
3/26
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/28
Third Reading Passed (47-0)
4/7
Returned Passed
House Action
3/27
First Reading House Rules and Executive Nominations
4/2
Re-referred Environmental Matters
Hearing 4/9 at 1:00 p.m.
4/10
Favorable Report by Environmental Matters
4/4
Favorable Report Adopted
Second Reading Passed
4/5
Third Reading Passed (126-5)
Action after passage in Senate and House
5/19
Approved by the Governor
- Chapter 627

Bill indexed under the following Subjects:

Administrative Agencies -see also- Electronic Government
Bonds -see also- County & Baltimore City Bonds; State Bonds.
Community Development
Comptroller
Counties -see also- Chartered Counties; Code Counties
Housing and Community Development, Department of
Municipal Corporations -see also- Annap; Balt; Hager; OC
Public Debt -see also- County & Balt City Bonds; State Bonds
Public Works
Revenue and Taxes -see also- Dev Fees & Taxes; specific tax.
State Bonds

Bill affects the following Statute:

Housing and Community Development
( 4-233.1 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments (Displayed in PDF Format):
Senate
Number: 369032/01     Offered on: March 26, 2009   at: 10:30 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 28, 2009: Third Reading Passed (47-0)
House
April 5, 2009: Third Reading Passed (126-5)