SENATE BILL 520

Sponsored By:

Senator Pipkin

Entitled:

Creation of a State Debt - Caroline County - Old Schoolhouse Redevelopment

Synopsis:

Authorizing the creation of a State Debt not to exceed $250,000, the proceeds to be used as a grant to the Board of Directors of the Denton Development Corporation, Inc. for the acquisition, planning, design, construction, repair, renovation, and reconstruction of the old schoolhouse property for use as a small business facility to promote start-up businesses, located in Denton; providing for disbursement of the loan proceeds, subject to a requirement that the grantee provide and expend a matching fund; etc.

History by Legislative Date

Senate Action

2/6

First Reading Budget and Taxation

2/25

Hearing 3/6 at 3:00 p.m.

House Action

No Action

Bill indexed under the following Subjects:

CAROLINE COUNTY

HISTORICAL MATTERS

SMALL BUSINESS

STATE BONDS

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered