Department of Transportation – Grant Anticipation Revenue Vehicle Bonds
Sponsor: Chair, Budget and Taxation CommitteeCommittee: Budget and TaxationSubject: Transportation - GenerallyStatus: Hearing 1/19 at 1:00 p.m. (as of Nov 15, 2022)
What this bill does
Official synopsis
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.
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Testimony (6)
MGA witness listFAV 5FavorableINFO 1Information only
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Clark, Rachellobbyist | Evans & Associates, LLC | Written (PDF) |
| FAV | Hartman, Jaclyn | Maryland Department of Transportation | Oral |
| FAV | Ports, James | Maryland Department of Transportation | Oral |
| FAV | Westervelt, Patricia | Maryland Department of Transportation | Written (PDF) |
| FAV | Chair, Budget and Taxation Committee, Chair, Budget and Taxation Committee | Individual | Oral |
| INFO | Davis, Dereck | State Treasurer's Office | Written (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…