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Session Laws, 1965
Volume 676, Page 1244   View pdf image (33K)
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1244                           LAWS OF MARYLAND                     [CH. 793

Chapter 80 of the Acts of 1956

7.

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
imposed an annual State tax on each $100 of assessable property
at the rate to be determined in the following manner: on or before
December 1, 1956, 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 $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 reso-
lution 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. 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, 1957, and before the beginning 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 received from each of the counties and the City
of Baltimore, as more particularly provided in Section 5 of this
Act. Upon the ascertainment of such fact by the Board of Public
Works, the Governor shall, by proclamation issued pursuant to a
resolution of the Board of Public Works, publicly declare that the
State taxes provided for in this Section shall not be collected or
levied in any such succeeding year.

Chapter 98 of the Acts of 1956
9.

Until all of the interest on and the principal of any certificates
issued under this Act have been paid in full, there is hereby levied
and imposed an annual State tax on each $100 of assessable property
at the rate to be determined in the following manner: on or before
December 1, 1956, 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 $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 reso-
lution 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 104 of the Acts of 1956
6.

Until all of the interest on and principal of any certificates issued
under this Act have been paid in full, there is levied and imposed an

 

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Session Laws, 1965
Volume 676, Page 1244   View pdf image (33K)
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