Authorizing the creation of a State Debt not to exceed $100,000, the proceeds to be used as a grant to the Board of Directors of the North Beach Volunteer Fire Department, Inc. for the acquisition, planning, design, construction, repair, renovation, reconstruction, site improvement, and capital equipping of a new marine fire/rescue boat for the North Beach Volunteer Fire Department, located in Calvert County; providing for disbursement of the loan proceeds, subject to a requirement that the grantee provide and expend a matching fund; etc.