Department of Transportation - Grant Anticipation Revenue Vehicle Bonds and Grant Anticipation Notes (State and Federal Transportation Funding Act)
What this bill does
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; providing that the maximum amount of debt that may be issued is calculated as of June 30; altering the maximum term of certain bonds that are secured by a pledge of future federal aid; etc.
Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.
Testimony (4)
MGA witness list| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Wojahn, Mayor Patrick | City of College Park | Written (PDF) |
| FAV | Solomon, Delegate Jared | Maryland Transit Caucus | Written (PDF) |
| FAV | Delegate Korman, Delegate Kormanlegislator | Individual | Oral |
| INFO | Westervelt, Patricia | Maryland Department of Transportation | Written (PDF) |