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Session Laws, 1965
Volume 676, Page 1241   View pdf image (33K)
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J. MILLARD TAWES, Governor                     1241

posed an annual State tax on each One Hundred ($100) of assessable
property at the rate to be determined in the following manner: On
or before December 1, 1951, and on or before [December] May 1 in
each [calendar] year thereafter, the Board of Public Works shall
certify to the governing bodies of each of the Counties and Baltimore
City the rate of State tax on each One Hundred Dollars ($100) of
assessable property necessary to produce revenue to meet all interest
and principal which will be payable to the close of the next ensuing
[calendar] taxable year on all Certificates theretofore issued or
theretofore authorized by resolution of the Board of Public Works
to be issued, and the governing bodies of each of the Counties and
Baltimore City shall forthwith levy and collect such a tax at such
rate.

Chapter 53 of the Acts of 1952
6.

Until all of the interest on and principal of any certificates issued
under this Act have been paid in full, there is hereby levied and im-
posed an annual State tax on each $100 of assessable property at the
rate to be determined in the following manner: on or before Decem-
ber 1, 1952, and on or before [December] May 1 in each [calendar]
year thereafter, the Board of Public Works shall certify to the gov-
erning bodies of each of the Counties and Baltimore City the rate of
State tax on each $100 of assessable property necessary to produce
revenue to meet all interest and principal which will be payable to the
close of the next ensuing [calendar] taxable year on all certificates
theretofore issued or theretofore authorized by resolution of the
Board of Public Works to be issued, and the governing bodies of each
of the Counties and Baltimore City shall forthwith levy and collect
such tax at such rate.

All matters committed by this Act to the discretion of the Board
of Public Works shall be determined by a majority of said Board.

Chapter 609 of the Acts of 1953

7.

The County Commissioners of the several counties of the State
and the Mayor and City Council of Baltimore are hereby respectively
directed to levy the State taxes for the years 1954 and 1955 at
Three Cents (3¢) on each One Hundred Dollars ($100) of assessable
property, and for the year 1956 and all succeeding years until all
certificates issued under the authority of this Act, are redeemed,
Fifteen Cents (15¢) on each One Hundred Dollars ($100) of assess-
able property, to be collected according to law, to meet the interest
on the amount of said certificates outstanding, and also to meet
and redeem so much of the principal in each of said years as may
be represented by certificates redeemable in each year, respectively,
provided however, that the levy or levies provided for in this Section
shall not be made and the said tax or taxes shall not be collected
in any year if before January 1, 1954, and before [the beginning]
May 1, 1966, and May 1 of each year thereafter the Board of Public
Works shall ascertain as a fact upon a certified statement rendered
to such Board by the State Comptroller that all payment of principal
and interest on the certificates issued pursuant to the terms of
this Act have been met during the current year from the payments

 

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Session Laws, 1965
Volume 676, Page 1241   View pdf image (33K)
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