Ch. 722                                    1997 LAWS OF MARYLAND

Nothing in this Act shall prevent the County from authorizing the issuance and sale
of bonds the interest on which is not excludable from gross income for federal income tax
purposes.

SECTION 9. AND BE IT FURTHER ENACTED, That the authority to borrow
money and issue bonds conferred on the County by this Act shall be deemed to provide
an additional and alternative authority for borrowing money and shall be regarded as
supplemental and additional to powers conferred upon the County by other laws and shall
not be regarded as in derogation of any power now existing; and all Acts of the General
Assembly of Maryland heretofore passed authorizing the County to borrow money are
hereby continued to the extent that the powers contained in such Acts have not been
exercised, and nothing contained in this Act may be construed to impair, in any way, the
validity of any bonds that may have been issued by the County under the authority of any
said Acts, and the validity of the bonds is hereby ratified, confirmed, and approved. This
Act, being necessary for the welfare of the inhabitants of Carroll County, shall be liberally
construed to effect the purposes hereof. All Acts and parts of Acts inconsistent with the
provisions of this Act are hereby repealed to the extent of such inconsistency.

SECTION 10. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 1997.

Approved May 22, 1997.

CHAPTER 722
(House Bill 1124)

AN ACT concerning

State Inter-LATA Network

FOR the purpose of promoting telecommunication and computer networking among
governmental and educational institutions in the State by requiring the Department
of Budget and Management to provide a certain telecommunication and computer
network in certain areas for certain purposes; declaring certain findings of the
General Assembly; authorizing the Department of Budget and Management to
adopt certain regulations; requiring certain moneys to be appropriated in the State
budget; requesting the inclusion of certain appropriations during certain fiscal
years; providing for the effective date of this Act; and generally relating to
inter-LATA telecommunications in the State.

BY repealing and reenacting, without amendments,
Article - State Finance and Procurement
Section 3-702

Annotated Code of Maryland
(1995 Replacement Volume and 1996 Supplement)

BY adding to

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