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Legislation


2004 Regular Session

SENATE BILL 456

File Code: State Debt (Bond Bills) Crossfiled with: HOUSE BILL 1278
Sponsored By:
Senators Ruben, Forehand, Frosh, Garagiola, Hogan, Kramer, and Teitelbaum
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

Senate Action
2/5
First Reading Budget and Taxation
2/25
Hearing 3/6 at 3:00 p.m.
House Action
No Action
Sponsored by:
Senator Ida G. Ruben, District 20
Senator Jennie M. Forehand, District 17
Senator Brian E. Frosh, District 16
Senator Rob Garagiola, District 15
Senator Patrick J. Hogan, District 39
Senator Rona E. Kramer, District 14
Senator Leonard H. Teitelbaum, District 19
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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