Legislation

Title: State Debt – Annuity Bond Fund – Use of Bond Premiums
Sponsored by: Delegate Chang
Status: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 502
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Expanding the authorized use of certain premiums transferred to the Annuity Bond Fund from the sale of State bonds to include paying for capital projects and, if necessary or appropriate from time to time to comply with the requirements of the Internal Revenue Code, any other use authorized by the Internal Revenue Code.

Committees

Original:: Appropriations Click to view Recorded Media

Opposite:: Budget and Taxation

Committee Testimony

Witness List

Details

Cross-filed with: SB0060

Bill File Type: Regular

Effective Date(s): June 1, 2021

History

Legislation History
Chamber House Calendar Date 1/29/2021 Legislative Date 1/29/2021 Action First Reading Appropriations Proceedings
Chamber Calendar Date Legislative Date Action Text - First - State Debt – Annuity Bond Fund – Use of Bond Premiums Proceedings
Chamber House Calendar Date 2/06/2021 Legislative Date 2/06/2021 Action Hearing 2/17 at 1:30 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Appropriations Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/01/2021 Legislative Date 3/01/2021 Action Favorable Report by Appropriations Proceedings
Chamber House Calendar Date 3/02/2021 Legislative Date 2/26/2021 Action Favorable Adopted Second Reading Passed Proceedings 17BClick to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - State Debt – Annuity Bond Fund – Use of Bond Premiums Proceedings
Chamber House Calendar Date 3/04/2021 Legislative Date 2/28/2021 Action Third Reading Passed (94-36) Proceedings 19 Click to view Recorded Media
Chamber Senate Calendar Date 3/05/2021 Legislative Date 2/20/2021 Action Referred Budget and Taxation Proceedings 21 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/31/2021 Legislative Date 3/31/2021 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/31/2021 Legislative Date 3/10/2021 Action Favorable with Amendments {229234/1 Adopted Proceedings 37 Click to view Recorded Media
Chamber Senate Calendar Date 3/31/2021 Legislative Date 3/10/2021 Action Second Reading Passed with Amendments Proceedings 37 Click to view Recorded Media
Chamber Senate Calendar Date 4/01/2021 Legislative Date 3/11/2021 Action Third Reading Passed (47-0) Proceedings 38 Click to view Recorded Media
Chamber House Calendar Date 4/02/2021 Legislative Date 3/18/2021 Action House Concurs Senate Amendments Proceedings 37 Click to view Recorded Media
Chamber House Calendar Date 4/02/2021 Legislative Date 3/18/2021 Action Third Reading Passed (100-35) Proceedings 37 Click to view Recorded Media
Chamber House Calendar Date 4/02/2021 Legislative Date 3/18/2021 Action Passed Enrolled Proceedings
Chamber Calendar Date Legislative Date Action Text - Enrolled - State Debt – Annuity Bond Fund – Use of Bond Premiums Proceedings
Chamber Post Passage Calendar Date 5/30/2021 Legislative Date 5/30/2021 Action Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 502 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - State Debt – Annuity Bond Fund – Use of Bond Premiums Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/29/2021	1/29/2021	First Reading Appropriations
			Text - First - State Debt – Annuity Bond Fund – Use of Bond Premiums
House	2/06/2021	2/06/2021	Hearing 2/17 at 1:30 p.m.
			Vote - House - Committee - Appropriations	Click to view Recorded Media
House	3/01/2021	3/01/2021	Favorable Report by Appropriations
House	3/02/2021	2/26/2021	Favorable Adopted Second Reading Passed	17BClick to view Recorded Media
			Text - Third - State Debt – Annuity Bond Fund – Use of Bond Premiums
House	3/04/2021	2/28/2021	Third Reading Passed (94-36)	19 Click to view Recorded Media
Senate	3/05/2021	2/20/2021	Referred Budget and Taxation	21 Click to view Recorded Media
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/31/2021	3/31/2021	Favorable with Amendments Report by Budget and Taxation
Senate	3/31/2021	3/10/2021	Favorable with Amendments {229234/1 Adopted	37 Click to view Recorded Media
Senate	3/31/2021	3/10/2021	Second Reading Passed with Amendments	37 Click to view Recorded Media
Senate	4/01/2021	3/11/2021	Third Reading Passed (47-0)	38 Click to view Recorded Media
House	4/02/2021	3/18/2021	House Concurs Senate Amendments	37 Click to view Recorded Media
House	4/02/2021	3/18/2021	Third Reading Passed (100-35)	37 Click to view Recorded Media
House	4/02/2021	3/18/2021	Passed Enrolled
			Text - Enrolled - State Debt – Annuity Bond Fund – Use of Bond Premiums
Post Passage	5/30/2021	5/30/2021	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 502
			Text - Chapter - State Debt – Annuity Bond Fund – Use of Bond Premiums

File Code

Subjects

Statutes