672 LAWS OF MARYLAND CH. 441
bonds and the coupons attached thereto and the interest payable
thereon shall be and remain forever exempt from State, County and
Municipal taxation in the State of Maryland.
Sec. 4. And be it further enacted, That the proceeds of the sale
of said bonds shall be paid to the Treasurer of Garrett County and
shall be placed in a special fund by the County Treasurer, and shall
be paid out by him only on warrants from the County Commissioners,
which warrants shall be issued only upon proper vouchers presented
by the Board of Education of Garrett County for the purpose
mentioned in Section 1 of this Act.
Sec. 5. And be it further enacted, That for the purpose of paying
the principal and interest on any bonds issued hereunder, as they
mature, the County Commissioners of Garrett County are hereby
authorized, empowered and directed to levy in each year so long as
any of said bonds are outstanding and unpaid, an ad valorem tax on
all property subject to taxation within Garrett County, sufficient in
rate and amount to pay the interest payable in said year on all out-
standing bonds and the principal of all bonds maturing in said year,
the proceeds of said tax to be kept in a special fund and in no case
to be used for any other purpose. In case such bonds shall be issued
in any year after the making of the regular levy for that year, then
the County Commissioners of Garrett County are empowered, au-
thorized and directed to pay any and all interest becoming due before
the next levy, out of any other funds at their disposal, and to levy
at the next succeeding levy an amount sufficient to reimburse such
other funds.
Sec. 6. And be it further enacted, That this Act is hereby
declared to be an emergency measure and necessary for the im-
mediate preservation of the public health and safety and having been
passed by a yea and nay vote supported by three-fifths of all the
members elected to each of the two houses of the General Assembly,
the same shall take effect from the date of its passage.
Approved April 19, 1968.
CHAPTER 441
(House Bill 795)
AN ACT to repeal and re-enact with amendments Sections 19(f-l)
and 21(j) of Article 2B of the Annotated Code of Maryland (1967
Supplement), title "Alcoholic Beverages," subtitle "Beer, Wine
and Liquor Licenses"; to add subsection 21(f-l) to said Article
and subtitle, to follow immediately after subsection 21(f) thereof;
TO REPEAL AND RE-ENACT, WITH AMENDMENTS,
SECTION 159 (h) (1A) OF SAID ARTICLE AND TITLE,
SUBTITLE "COUNTY LIQUOR CONTROL BOARDS AND
DISPENSARIES; to repeal and re-enact with amendments Sec-
tion 165(b-1) of said Article and title, subtitle "County Liquor
Control Boards and Dispensaries"; to repeal Section 98A of said
|
|