MD SB187 | 2022 | Regular Session

Status

Spectrum: Committee Bill
Status: Introduced on January 12 2022 - 25% progression, died in committee
Action: 2022-01-07 - Hearing 1/19 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Repealing a requirement that the Capital Debt Affordability Committee include certain debt that is secured by future federal aid within its review of State tax supported debt; altering the calculation of the maximum amount of debt secured by future federal aid that the Department of Transportation may issue; increasing, from 12 years to 15 years, the maximum term of certain bonds; repealing the pledge of certain taxes to the payment of certain bonds secured by a pledge of future federal aid; etc.

Tracking Information

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Title

Department of Transportation – Grant Anticipation Revenue Vehicle Bonds

Sponsors


History

DateChamberAction
2022-01-07SenateHearing 1/19 at 1:00 p.m.
2022-01-12SenateFirst Reading Budget and Taxation
2021-09-30SenatePre-filed

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
State Finance and Procurement8104(n/a)See Bill Text
Transportation3601(n/a)See Bill Text

Maryland State Sources


Bill Comments

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