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Session Laws, 2000
Volume 797, Page 2714   View pdf image
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Ch. 508
2000 LAWS OF MARYLAND
Board, for any expenditure authorized by that act, provided that the next ensuing
sale of general obligation bonds shall include the issuance of bonds under the
authority of that act in an amount at least equivalent to the amount of the funds so
advanced. SECTION 12. AND BE IT FURTHER ENACTED, That the net new debt to be
authorized by legislation in fiscal year 2001 may not exceed $460,000,000, as
evidenced by the following: FY 2001 debt to be authorized by this Act.......................................$438,618,000 $432,343,000
$427,593,000
$428,623,000
FY 2001 debt to be authorized by separate legislation for independent
colleges and universities.................................................................6,000,000 FY 2001 debt to be authorized by separate legislation for private hospitals........................................................................................... 4,840,000 4,690,000
FY 2001 debt to be authorized by separate legislation for projects of political subdivisions and nonprofit organizations ..12,500,000 18,035,000
23,676,000
22,645,000
Subtotal................................................................................................$461,958,000 Reductions in previously authorized State debt made in this Act......................................................................................(1,958,000) Net new debt to be authorized in FY 2001........................................$460,000,000 SUMMARY OF REDUCTIONS IN PREVIOUSLY AUTHORIZED STATE DEBT
Reductions in Previously Current Reduced Authorized Amount of Prior Amount of State Debt Authorization Cancellations Reduction Authorization Chapter 520 of the
Acts of 1982
(General Construction Loan) 98,633,000 4,648,325 348,000 93,636,675 Chapter 4 of the Acts of the First Special Session of 1992 (Maryland Consolidated Capital Bond Loan), as amended 346,410,681 -0- 150,000 346,260,681
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Session Laws, 2000
Volume 797, Page 2714   View pdf image
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