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HOUSE BILL 590 B5 1Lr0135 CF SB 492 By: the Speaker (By Request – Administration) Introduced and Read First Time: January 20, 2021 Assigned To: Appropriations

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HOUSE BILL 590 B5 1Lr0135 CF SB 492 By: the Speaker (By Request – Administration) Introduced and Read First Time: January 20, 2021 Assigned To: Appropriations HOUSE BILL 590 B5 1lr0135 CF SB 492 By: The Speaker (By Request – Administration) Introduced and read first time: January 20, 2021 Assigned to: Appropriations A BILL ENTITLED 1 AN ACT concerning 2 Creation of a State Debt – Maryland Consolidated Capital Bond Loan of 2021, 3 and the Maryland Consolidated Capital Bond Loans of 2012, 2013, 2014, 2015, 4 2016, 2017, 2018, 2019, and 2020 5 FOR the purpose of authorizing the creation of a State Debt in the amount of One Billion, 6 One Hundred Seven Million, Four Hundred Twenty–Seven Thousand Dollars 7 ($1,107,427,000), the proceeds to be used for certain necessary building, 8 construction, demolition, planning, renovation, conversion, replacement, and capital 9 equipment purchases of the State, for acquiring certain real estate in connection 10 therewith, and for grants to certain subdivisions and other organizations for certain 11 development and improvement purposes, subject to certain requirements that 12 certain matching funds be provided and expended by certain dates; providing 13 generally for the issuance and sale of bonds evidencing the loan; imposing a certain 14 tax on all assessable property in the State; requiring that certain grantees convey 15 certain easements under certain circumstances to the Maryland Historical Trust; 16 providing that the proceeds of certain loans must be expended or encumbered by a 17 certain date; authorizing the Board of Public Works, under certain circumstances, to 18 approve certain appropriations, notwithstanding certain technical differences; 19 authorizing certain unexpended appropriations in certain prior capital budgets and 20 bond loans to be expended for other public projects; altering certain requirements for 21 certain programs in certain prior capital budgets and bond loans; reducing prior 22 authorizations of State Debt; requiring that certain projects be constructed at certain 23 locations; adding, altering, and repealing certain requirements for certain 24 appropriations; specifying the use of certain project funds; altering and expanding 25 the authorized purpose of certain grants; providing that certain grants may not 26 terminate before certain dates; authorizing premiums from the sale of State bonds 27 in certain fiscal years to be used for certain purposes under certain circumstances; 28 requiring the Comptroller to make certain transfers, adjustments, and 29 reconciliations; repealing certain Maryland Consolidated Capital Bond Loan 30 Preauthorization acts; authorizing the creation of State Debt in certain years to be 31 used for certain purposes; making certain technical corrections; providing for a EXPLANATION: CAPITALS INDICATE MATTER ADDED TO EXISTING LAW. [Brackets] indicate matter deleted from existing law. *hb0590* 2 HOUSE BILL 590 1 delayed effective date for certain provisions of this Act; and generally relating to the 2 financing of certain capital projects. 3 BY repealing and reenacting, with amendments, 4 Chapter 444 of the Acts of the General Assembly of 2012, as amended by Chapter 5 463 of the Acts of the General Assembly of 2014, Chapter 495 of the Acts of 6 the General Assembly of 2015, Chapter 27 of the Acts of the General Assembly 7 of 2016, Chapter 22 of the Acts of the General Assembly of 2017, Chapter 9 of 8 the Acts of the General Assembly of 2018, and Chapter 14 of the Acts of the 9 General Assembly of 2019 10 Section 1(1) 11 BY repealing and reenacting, with amendments, 12 Chapter 444 of the Acts of the General Assembly of 2012, as amended by Chapter 14 13 of the Acts of the General Assembly of 2019 14 Section 1(3) Item RC00(A) 15 BY repealing and reenacting, with amendments, 16 Chapter 424 of the Acts of the General Assembly of 2013, as amended by Chapter 17 463 of the Acts of the General Assembly of 2014, Chapter 495 of the Acts of 18 the General Assembly of 2015, Chapter 27 of the Acts of the General Assembly 19 of 2016, Chapter 22 of the Acts of the General Assembly of 2017, Chapter 9 of 20 the Acts of the General Assembly of 2018, Chapter 14 of the Acts of the 21 General Assembly of 2019, and Chapter 537 of the Acts of the General 22 Assembly of 2020 23 Section 1(1) 24 BY repealing and reenacting, with amendments, 25 Chapter 424 of the Acts of the General Assembly of 2013, as amended by Chapter 22 26 of the Acts of the General Assembly of 2017 and Chapter 537 of the Acts of the 27 General Assembly of 2020 28 Section 1(3) Item DE02.01(A) 29 BY repealing and reenacting, with amendments, 30 Chapter 463 of the Acts of the General Assembly of 2014 31 Section 1(3) Item RM00(A) 32 BY repealing and reenacting, with amendments, 33 Chapter 463 of the Acts of the General Assembly of 2014, as amended by Chapter 34 495 of the Acts of the General Assembly of 2015, Chapter 27 of the Acts of the 35 General Assembly of 2016, Chapter 22 of the Acts of the General Assembly of 36 2017, Chapter 9 of the Acts of the General Assembly of 2018, Chapter 14 of 37 the Acts of the General Assembly of 2019, and Chapter 537 of the Acts of the 38 General Assembly of 2020 39 Section 1(1) 40 BY repealing and reenacting, with amendments, HOUSE BILL 590 3 1 Chapter 463 of the Acts of the General Assembly of 2014, as amended by Chapter 9 2 of the Acts of the General Assembly of 2018 and Chapter 14 of the Acts of the 3 General Assembly of 2019 4 Section 1(3) Item RD00(A) 5 BY repealing and reenacting, with amendments, 6 Chapter 495 of the Acts of the General Assembly of 2015 7 Section 1(3) Item UA01(A) and WA01(A) 8 BY repealing and reenacting, with amendments, 9 Chapter 495 of the Acts of the General Assembly of 2015, as amended by Chapter 27 10 of the Acts of the General Assembly of 2016, Chapter 22 of the Acts of the 11 General Assembly of 2017, Chapter 9 of the Acts of the General Assembly of 12 2018, and Chapter 14 of the Acts of the General Assembly of 2019 13 Section 1(1) 14 BY repealing and reenacting, with amendments, 15 Chapter 27 of the Acts of the General Assembly of 2016 16 Section 1(3) Item RE01(A) 17 BY repealing and reenacting, with amendments, 18 Chapter 27 of the Acts of the General Assembly of 2016, as amended by Chapter 22 19 of the Acts of the General Assembly of 2017, Chapter 9 of the Acts of the 20 General Assembly of 2018, Chapter 14 of the Acts of the General Assembly of 21 2019, and Chapter 537 of the Acts of the General Assembly of 2020 22 Section 1(1) 23 BY repealing and reenacting, with amendments, 24 Chapter 22 of the Acts of the General Assembly of 2017 25 Section 1(3) Item ZA02(E) and (K) and ZA03(U) and (AQ) 26 BY repealing and reenacting, with amendments, 27 Chapter 22 of the Acts of the General Assembly of 2017, as amended by Chapter 537 28 of the Acts of the General Assembly of 2020 29 Section 1(1) 30 BY repealing and reenacting, with amendments, 31 Chapter 9 of the Acts of the General Assembly of 2018 32 Section 1(1), 1(3) Item ML10(A) and ZA02(AN), and 14(1) Item DE02.02(A) 33 BY repealing and reenacting, with amendments, 34 Chapter 14 of the Acts of the General Assembly of 2019 35 Section 1(3) Item ML10(A) 36 BY repealing and reenacting, with amendments, 37 Chapter 537 of the Acts of the General Assembly of 2020 38 Section 1(3) Item ZA01(C) and 16(1) Item RB36(A) and RB25(A) 4 HOUSE BILL 590 1 BY repealing 2 Chapter 537 of the Acts of the General Assembly of 2020 3 Section 13, 14, and 15 4 SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 5 That: 6 (1) The Board of Public Works may borrow money and incur indebtedness on 7 behalf of the State of Maryland through a State loan to be known as the Maryland 8 Consolidated Capital Bond Loan of 2021 in the total principal amount of $1,107,427,000. 9 This loan shall be evidenced by the issuance, sale, and delivery of State general obligation 10 bonds authorized by a resolution of the Board of Public Works and issued, sold, and 11 delivered in accordance with §§ 8–117 through 8–124 and 8–131.2 of the State Finance and 12 Procurement Article. 13 (2) The bonds to evidence this loan or installments of this loan may be sold as a 14 single issue of bonds under § 8–122 of the State Finance and Procurement Article. 15 (3) The cash proceeds of the sale of the bonds shall be paid to the Treasurer and 16 first shall be applied to the payment of the expenses of issuing, selling, and delivering the 17 bonds, unless funds for this purpose are otherwise provided, and then shall be credited on 18 the books of the Comptroller and expended on approval by the Board of Public Works, for 19 the following public purposes, including any applicable architects’ and engineers’ fees: 20 EXECUTIVE DEPARTMENT – GOVERNOR 21 DA02.01 DEPARTMENT OF DISABILITIES 22 (Statewide) 23 (A) Accessibility Modifications. Provide funds to design and 24 construct architectural upgrades at State–owned facilities to 25 improve accessibility for persons with disabilities .................... 1,825,000 26 DA07.01 DEPARTMENT OF AGING 27 (Statewide) 28 (A) Senior Centers Capital Grant Program.
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