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HB 887

EnactedCrossfile SB 60
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State Debt – Annuity Bond Fund – Use of Bond Premiums

Sponsor: Mark S. Chang (District 32)Committee: AppropriationsSubject: Capital BudgetStatus: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 502 (as of Dec 1, 2021)

What this bill does

Official synopsis

Expanding the authorized use of certain premiums transferred to the Annuity Bond Fund from the sale of State bonds to include paying for capital projects and, if necessary or appropriate from time to time to comply with the requirements of the Internal Revenue Code, any other use authorized by the Internal Revenue Code.

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Testimony (6)

MGA witness list
FAV 5FavorableUNF 1Unfavorable
PositionWitnessOrganizationTestimony
FAVClark, RachellobbyistEvans & Associates, LLCWritten (PDF)
FAVKopp, NancyState Treasurer's OfficeOral + Written (PDF)
FAVAllen, CatherinIndividualOral
FAVDelegate Chang, Delegate ChanglegislatorIndividualOral
FAVLund, ChristianIndividualOral
UNFWilkins, BarbaraIndividualWritten (PDF)

Organizations on record

Registered lobbyists who testified

FAVClark, RachelEvans & Associates, LLCRegistered for: Accenture LLP; Arundel Amusements/Bingo World; Brady Campaign to Prevent Gun Violence; CALSTART; Carvana; Fraternal Order of Police, Lodge 89