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Legislation


1998 Regular Session

SENATE BILL 787

CHAPTER NUMBER: 655 File Code: Local Debt (Bond Bills) Crossfiled with: HOUSE BILL 1411
Sponsored By:
Senator Hafer
Entitled:
Garrett County - Economic Development Bonds

Synopsis:

Authorizing the County Commissioners of Garrett County to borrow not more than $1,500,000 to finance economic development projects in Garrett County and to issue general obligation bonds to finance the projects; empowering the County to levy taxes to pay for the bonds; allowing the County to issue bonds on which the interest or income may be taxable; and relating generally to the issuance of the general obligation bonds of the County.

History by Legislative Date

Senate Action
3/9
First Reading Senate Rules
Motion Rules Suspended Referred Budget and Taxation (Trotter) Adopted
3/16
Hearing 3/19 at 1:30 p.m.
3/25
Favorable Report by Budget and Taxation
Favorable Report Adopted
Second Reading Passed
3/27
Third Reading Passed (46-1)
4/8
Return Passed
5/21
Signed by the Governor Chapter 655
House Action
3/27
First Reading Appropriations
Hearing 4/2 at 1:00 p.m.
4/6
Favorable Report by Appropriations
4/1
Favorable Report Adopted
Second Reading Passed
4/2
Third Reading Passed (137-0)
Bill indexed under the following Subjects:
COMMERCE AND BUSINESS -see also- ENTERPRISE ZONES;SMALL BUS.
COUNTY AND BALTIMORE CITY BONDS
COUNTY COMMISSIONERS
GARRETT COUNTY
INTEREST
REVENUE AND TAXES -see also specific taxes -

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)

Amendments: None offered
Roll Call Votes (Legislative dates are shown):
Senate
March 27, 1998: Third Reading Passed (46-1)
House
April 2, 1998: Third Reading Passed (137-0)
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