SENATE BILL 903

Sponsored By:

Senators Lawlah and Currie (By Request)

Entitled:

Prince George's County - Special Taxing Districts and Tax Increment Financing

Synopsis:

Altering the definition of "bond" as it relates to special taxing districts and tax increment financing to include a specified bond issued by the revenue authority of Prince George's County; authorizing the County to pledge specified tax revenues to specified funds; authorizing specified funds to be used for specified purposes; etc.

History by Legislative Date

Senate Action

3/30

First Reading Senate Rules

Motion Rules Suspended for late introduction (Senator Lawlah) Adopted

Referred Senate Rules

4/2

Re-referred Budget and Taxation

4/6

Favorable Report by Budget and Taxation

4/5

Favorable Report Adopted

Second Reading Passed

4/6

Third Reading Passed (41-0)

4/7

Returned Passed

5/16

Signed by the Governor Chapter 585

House Action

4/6

First Reading Ways and Means

4/8

Favorable Report by Ways and Means

4/7

Favorable Report Adopted

Second Reading Passed

4/8

Third Reading Passed (118-12)

Sponsored by:

Senator Gloria Lawlah, District 26

Senator Ulysses Currie, District 25

Bill indexed under the following Subjects:

BONDS -see also- COUNTY & BALTIMORE CITY BONDS; STATE BONDS.

CONVENTIONS

COUNTY AND BALTIMORE CITY BONDS

HOTELS AND MOTELS

PRINCE GEORGE'S COUNTY

REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.

SPECIAL TAX DISTRICTS

TOURISM

Bill affects the following Statutes:

Article - 41 Governor - Executive and Administrative Departments

( 14-202 , 14-205 , 14-208 , 14-209 )

Article - 24 Political Subdivisions - Miscellaneous Provisions

( 9-1301 )

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

April 6, 2002: Third Reading Passed (41-0)

House

April 8, 2002: Third Reading Passed (118-12)