Authorizing the creation of a State Debt not to exceed $40,000, the proceeds to be used as a grant to the St. Philip and James' Roman Catholic Congregation, Incorporated for specified development or improvement purposes related to the SS Philip and James Church Hall, located in Baltimore City; providing for disbursement of the loan proceeds, subject to a requirement that the grantee provide and expend a matching fund; prohibiting the use of the loan proceeds or matching fund for sectarian religious purposes; etc.