2009 Regular Session

SENATE BILL 410

File Code: State Debt (Bond Bills) Crossfiled with: HOUSE BILL 414
NOTE: Bond bills that received funding in fiscal 2010 were amended into the State's Capital budget (HB 102). Individual bond bills were not acted upon by the legislature, instead the General Assembly amended HB 102 to specifically list the projects it selected for funding. Click here for special information pertaining to 2009 Bond Bills.
Sponsored By:
Senators King, Forehand, Garagiola, Kramer, Lenett, and Madaleno
Entitled:
Creation of a State Debt - Montgomery County - Northgate Homes Lighting Upgrade

Synopsis:

Authorizing the creation of a State Debt not to exceed $50,000, the proceeds to be used as a grant to the Board of Directors of Northgate Homes Corporation for the design, construction, repair, renovation, reconstruction, and capital equipping, including environmental and safety upgrades, to street lights, located in Olney; 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

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
Senate Action
2/2
First Reading Budget and Taxation
3/4
Hearing 3/14 at 10:00 a.m.
House Action
No Action

Sponsored by:

Senator Nancy J. King, District 39
Senator Jennie M. Forehand, District 17
Senator Rob Garagiola, District 15
Senator Rona E. Kramer, District 14
Senator Mike Lenett, District 19
Senator Richard S. Madaleno, Jr., District 18

Bill indexed under the following Subjects:

Montgomery County
State Bonds
Street Lights

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