2009 Regular Session

SENATE BILL 1060

CHAPTER NUMBER: 649
File Code: State Debt (Bond Bills) Crossfiled with: HOUSE BILL 1568
Sponsored By:
Senator Jones (Chair, Joint Committee on the Management of Public Funds) and Senators Currie, Forehand, and Haines
Entitled:
General Obligation Bonds - Method of Sale by Board of Public Works

Synopsis:

Stating that it is the policy of the State of Maryland that the preferred method for the Board of Public Works to use for the sale of State general obligation bonds is by public, competitive sale; authorizing the Board to use a private, negotiated sale for the sale of State general obligation bonds when the Board determines that extraordinary credit market conditions exist and that terms and conditions of the sale that are more advantageous to the State can be achieved through a private, negotiated sale; 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
3/16
First Reading Senate Rules
Motion Rules Suspended for late introduction (Senator Jones) Adopted
Referred Senate Rules
3/18
Re-referred Budget and Taxation
Hearing 3/25 at 1:00 p.m.
3/30
Favorable with Amendments Report by Budget and Taxation
3/27
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/29
Third Reading Passed (45-0)
4/8
Returned Passed
House Action
3/28
First Reading House Rules and Executive Nominations
4/6
Re-referred Appropriations
4/7
Hearing 4/8 at 3:00 p.m.
4/11
Favorable Report by Appropriations
4/6
Favorable Report Adopted
Second Reading Passed
4/8
Third Reading Passed (137-0)
Action after passage in Senate and House
5/19
Approved by the Governor
- Chapter 649

Sponsored by:

Senator Verna L. Jones, District 44
Senator Ulysses Currie, District 25
Senator Jennie M. Forehand, District 17
Senator Larry E. Haines, District 5
Management of Public Funds, Joint Committee on the

Bill indexed under the following Subjects:

Forms
Public Works, Board of
State Bonds
Tax Credits -see also- Circuit Breaker

Bill affects the following Statutes:

State Finance and Procurement
( 8-121 , 8-124 )

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: 859435/01     Offered on: March 30, 2009   at: 4:08 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 29, 2009: Third Reading Passed (45-0)
House
April 8, 2009: Third Reading Passed (137-0)