Prince George's County Council - Reference No. CB-004-2011

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Details

Reference No.

CB-004-2011 Draft No. 2

Type:

Council Bill

Status:

Enacted

Meeting Body

County Council

Meeting Date

11/1/2011

Introduced Date

10/4/2011

Public Hearing Date

Effective date:

1/3/2012

Title:

An Act establishing an Economic Development Incentive Fund (the “Fund”); specifying the purpose and uses of the Fund; providing for the financing and administration of the Fund; and generally providing for the Fund

Proposers/Sponsors:

Mel Franklin, Ingrid M. Turner, Karen R. Toles, Andrea C. Harrison, Eric C. Olson, Will Campos, County Executive

Code sections:

10-283 - , 10-284 - , 10-285 - , 10-286 - , 10-287 - , 10-288 -

Attachments:

1. B2011004.pdf, 2. ACTION SUMMARY S2011004

Contact:

Office of the County Executive

Date	Ver.	Action By	Action	Result	Action Details	Meeting Details	Video
1/3/2012		County Council	effective		Action details	Meeting details	Not available
11/17/2011		County Executive	signed		Action details	Meeting details	Not available
11/2/2011	2	County Council	Public hearing	Pass	Action details	Meeting details	Not available
11/1/2011	2	County Council	enacted	Pass	Action details	Meeting details	Not available
10/4/2011		County Council	introduced		Action details	Meeting details	Not available
9/21/2011	2	County Council	Favorably recommended with amendments	Pass	Action details	Meeting details	Not available
6/1/2011	2	County Council	Held in Committee	Pass	Action details	Meeting details	Not available
3/22/2011	2	County Council	referred	Pass	Action details	Meeting details	Not available
3/4/2011		County Council	presented		Action details	Meeting details	Not available

Title An Act establishing an Economic Development Incentive Fund (the “Fund”); specifying the purpose and uses of the Fund; providing for the financing and administration of the Fund; and generally providing for the Fund Background This legislation will create an Economic Development Incentive Fund (“EDIF”) in Prince George’s County. The EDIF will allow Prince George’s County to grow its commercial tax base by supporting the growth of business, and will be used to leverage existing loan facilities as well as supplement existing programs offered by the State of Maryland and the federal government.

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