SB13. Creation of a State Debt - Prince George's County - Chesapeake Math and IT Academy Gymnasium

Maryland General Assembly. 2013 Regular Session. Senate.

Introduced:
Oct 4, 2012
Last Action:
Mar 9, 2013
Hearing 3/09 at 11:00 a.m.

State legislative information provided by LegiNation, Inc. and LegiScan, Inc. Some information also from Open States.

History

Oct 4, 2012: Pre-filed

Jan 9, 2013: First Reading Budget and Taxation

Mar 9, 2013: Hearing 3/09 at 11:00 a.m.

Summary

Authorizing the creation of a State Debt not to exceed $250,000, the proceeds to be used as a grant to the Board of Directors of the Chesapeake Math and IT Academy, Inc. for the planning, design, construction, and capital equipping of a gymnasium for the Chesapeake Math and IT Academy, located in Laurel; 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; etc.