SENATE BILL 758

Sponsored By:

Senator Dyson

Entitled:

Creation of a State Debt - St. Mary's County - The Sotterley Plantation

Synopsis:

Authorizing the creation of a State Debt not to exceed $500,000, the proceeds to be used as a grant to the Board of Trustees of The Sotterley Foundation, Inc. for certain acquisition, development, or improvement purposes; providing for disbursement of the loan proceeds, subject to a requirement that the grantee provide and expend a matching fund; requiring the grantee to grant and convey a certain easement to the Maryland Historical Trust; and providing generally for the issuance and sale of bonds evidencing the loan.

History by Legislative Date

Senate Action

3/1

First Reading Senate Rules

3/3

Re-referred Budget and Taxation

3/4

Hearing 3/15 at 4:00 p.m.

4/12

Unfavorable Report by Budget and Taxation

House Action

No Action

Bill indexed under the following Subjects:

HISTORICAL MATTERS

STATE BONDS

ST. MARY'S COUNTY

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered