Approved by the Governor - Chapter 339
Legislative status
- Introduced
- In Committee
- Reported by Committee
- Floor Vote Scheduled
- Passed One Chamber
- Passed Both Chambers
- Sent to Executive
- Signed into Law
Summary
The bill authorizes the Calvert County Commissioners to borrow up to $80,957,080 by selling general‑obligation bonds to finance construction, improvement, or development of public buildings, roads and related infrastructure. The County must levy ad valorem taxes to repay principal and interest, and the bonds and their interest are exempt from Maryland taxation. The measure provides the County with broad discretion over bond terms, including interest rates, maturities (max 30 years), and the ability to issue refunding or interim bonds.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Ask about HB 1513
3 free questions a day, no accountHearings
- Budget and Taxation — Bill HearingBudget and Taxation · Apr 1, 2026
- Senate Budget and Taxation CommitteeSenate Budget and Taxation Committee · Apr 1, 2026
- Appropriations — Bill HearingAppropriations · Mar 18, 2026
History
- Approved by the Governor - Chapter 339
- Third Reading Passed
- Returned Passed
- Second Reading Passed
- Favorable Report by Budget and Taxation
- Favorable Adopted
- Hearing 4/01 at 1:15 p.m.
- Referred Budget and Taxation
- Third Reading Passed
- Favorable Report by Appropriations
- Favorable Adopted Second Reading Passed
- Hearing canceled
The 12 most recent of 15 recorded actions.
Sponsors
- Calvert County Delegation · sponsor
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