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Legislation


2004 Regular Session

HOUSE BILL 1278

File Code: State Debt (Bond Bills) Crossfiled with: SENATE BILL 456
Sponsored By:
Delegates Franchot and Hixson
Entitled:
Creation of a State Debt - Montgomery County - East County Center for Science and Technology Incubator

Synopsis:

Authorizing the creation of a State Debt not to exceed $1,000,000, the proceeds to be used as a grant to the County Executive and County Council of Montgomery County for the demolition, site preparation, and road improvements at the future site of the East County Center for Science and Technology Incubator; providing for disbursement of the loan proceeds, subject to a requirement that the grantee provide and expend a matching fund; establishing a deadline for the encumbrance or expenditure of the loan proceeds; etc.

History by Legislative Date

House Action
2/13
First Reading Appropriations
3/10
Hearing 3/24 at 2:00 p.m.
3/23
Hearing cancelled
Hearing 3/29 at 12:00 p.m.
4/12
Unfavorable Report by Appropriations
Senate Action
No Action
Sponsored by:
Delegate Peter Franchot, District 20
Delegate Sheila E. Hixson, District 20
Bill indexed under the following Subjects:
INDUSTRY AND TECHNOLOGY
MONTGOMERY COUNTY
STATE BONDS

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
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