File Code: State Debt (Bond Bills)
Prior Year Introduction As: SB 572/04 - B&T
Crossfiled with: HOUSE BILL 1471
- Sponsored By:
-
Senator Forehand
- Entitled:
-
Creation of a State Debt - Montgomery County - Gaithersburg Aquatic
and Recreation Center
Authorizing the creation of a State Debt not to exceed $1,000,000, the
proceeds to be used as a grant to the Mayor and City Council of the
City of Gaithersburg for specified development or improvement
purposes; 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; and providing generally for the issuance and sale of bonds
evidencing the loan.
Senate Action
- 1/19
- First Reading Budget and Taxation
- 3/2
- Hearing 3/19 at 4:00 p.m.
House Action
- No Action
Bill indexed under the following Subjects:
- MONTGOMERY COUNTY
- MUNICIPAL CORPORATIONS -see also- ANNAP; BALT; HAGER; OC
- RECREATION
- STATE BONDS
- SWIMMING POOLS
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
Bond Bill Fact Sheet: Available
The information in the Fact Sheet was provided by the potential grantee of the bond proceeds.
- Amendments:
None offered