HOUSE BILL 1310

Sponsored By:

Delegate Conway

Entitled:

Tax Supported Debt - Energy Performance Contracts

Synopsis:

Providing that tax supported debt does not include specified capital leases used to finance energy performance contracts; excluding specified capital leases from the requirement that the Treasurer capitalize specified capital lease payments; restating the authority of the Treasurer to finance specified energy performance contracts as capital leases; and requiring that specified capital lease payments or specified contractor payments may not exceed specified energy savings.

History by Legislative and Calendar Date

House Action

3/2

First Reading House Rules and Executive Nominations

3/7

Re-referred Appropriations

3/8

Hearing 3/15 at 1:00 p.m.

3/24

Favorable Report by Appropriations

3/22

Favorable Report Adopted

Second Reading Passed

3/23

Third Reading Passed (108-30)

4/3

Returned Passed

Senate Action

3/25

First Reading Budget and Taxation

3/29

Hearing 3/31 at 1:00 p.m.

4/5

Favorable Report by Budget and Taxation

4/1

Favorable Report Adopted

Second Reading Passed

4/2

Third Reading Passed (45-0)

Action after passage in House and Senate

4/12

Approved by the Governor

- Chapter 163

Bill indexed under the following Subjects:

Contracts -see also- Land Installment Contracts; Procurement

Energy Matters -see also- Alt Energy Res; Fuel; Power Plants

Leases and Rent

Procurement

Public Debt -see also- County & Balt City Bonds; State Bonds

Treasurers

Bill affects the following Statutes:

State Finance and Procurement

( 8-104 , 8-405 , 12-301 )

Documents

Bill Text: First Reading, Third Reading, Enrolled, Chapter

Fiscal and Policy Note: Available

Amendments: None offered

Committee Votes :

House

Appropriations

Senate

Budget and Taxation

Roll Call Votes (Legislative dates are shown):

House

March 23, 2011: Third Reading Passed (108-30)

Senate

April 2, 2011: Third Reading Passed (45-0)