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Legislation


1999 Regular Session

SENATE BILL 134

File Code: Economic and Community Development Crossfiled with: HOUSE BILL 188
Sponsored By:
The President (Administration)
Entitled:
Maryland Economic Development Assistance Authority and Fund

Synopsis:

Creating the Maryland Economic Development Assistance Fund as a nonlapsing fund to expand employment opportunities in the State by providing loans with favorable terms to businesses engaged in eligible industry sectors that intend to use the loan for certain purposes; specifying the funding and uses of the Fund; creating the Maryland Economic Development Assistance Authority to oversee loan requests; requiring the Authority to establish an annual list of eligible industry sectors; etc.

History by Legislative Date

Senate Action
1/22
First Reading Budget and Taxation
2/3
Hearing 2/17 at 1:30 p.m.
3/25

Favorable with Amendments Report by Budget and Taxation
3/26
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/29
Third Reading Passed (43-4)
4/10
Senate Concur - House Amendments
Third Reading Passed (45-1)
Passed Enrolled
5/27
Governor vetoed - Cross-filed bill was signed
House Action
3/29
First Reading Economic Matters
3/31
Hearing 4/6 at 1:00 p.m.
4/10
Favorable with Amendments Report by Economic Matters
4/6
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/7
Third Reading Passed with Amendments (122-15)
Sponsored by:
President of the Senate
Administration
Bill indexed under the following Subjects:
BUSINESS AND ECONOMIC DEVELOPMENT, DEPARTMENT OF
COMMERCE AND BUSINESS -see also- ENTERPRISE ZONES;SMALL BUS.
COMMITTEES AND COMMISSIONS -see also- POLITICAL COMMITTEES
INDUSTRY AND TECHNOLOGY
LOANS
REPORTS -see also- RECORDS
SUNSET
WORK, LABOR AND EMPLOYMENT -see also- LEAVE; O.T.; SALARIES.
Bill affects the following Statutes:
Article - 83A Department of Business and Economic Development
( 5-1301 , 5-1302 , 5-1303 , 5-1304 , 5-1305 , 5-1306 )
State Finance and Procurement
( 5-7B-01 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 679823/1 (PDF)     Offered on: March 26, 1999   at: 12:31 p.m.     Status: Adopted
House
Number: 003887/1 (PDF)     Offered on: April 10, 1999   at: 10:39 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 29, 1999: Third Reading Passed (43-4)
April 10, 1999: Third Reading Passed (45-1)
House
April 7, 1999: Third Reading Passed (122-15)
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