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Ch. 325
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2000 LAWS OF MARYLAND
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statement covering as-extracted collateral or timber to be cut under § 9-502(c).
However, the recording and satisfaction fees that otherwise would be applicable to the
record of the mortgage apply.
(D) TWO AND ONE-HALF PERCENT OF THE RECORDATION TAXES PAID ON
INSTRUMENTS FILED WITH THE DEPARTMENT UNDER THIS TITLE SHALL BE
CREDITED TO THE FUND ESTABLISHED UNDER § 1-203.3 OF THE CORPORATIONS AND
ASSOCIATIONS ARTICLE.
SECTION 4. AND BE IT FURTHER ENACTED, That Section 3 of this Act shall
take effect July 1, 2001.
SECTION 5. AND BE IT FURTHER ENACTED, That, except as provided in
Section 4 of this Act, this Act shall take effect July 1, 2000.
Approved May 11, 2000.
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CHAPTER 325
(House Bill 17)
AN ACT concerning
Maryland Aviation Administration - Regional Air Service Development
Program
FOR the purpose of requiring the Maryland Aviation Administration to establish a
Regional Air Service Development Program to foster development of a system of
regional air transportation facilities and scheduled air service linking under
served underserved regions of the State to the national and international air
transportation system; stating certain findings and declarations of the General
Assembly; specifying the powers and duties of the Administration under the
Program, including the authority to grant to any person, subject to approval of
the Board of Public Works, the privilege to provide scheduled air transportation
service to certain communities under certain circumstances; requiring the
Administration to develop a certain strategic plan and to make certain
recommendations regarding the development of regional air service; authorizing
the Administration to determine the level of financial support, if any, that the
Program will provide to certain entities; authorizing the Administration to make
certain grants and loans under certain circumstances; authorizing the
Administration to adopt regulations to implement the Program; requiring the
Secretary of Transportation to request full funding for the Program as part of
the Department's budget request beginning in a certain fiscal year; providing
that the Program be funded through General Fund appropriations certain
appropriations subject to certain conditions; prohibiting a General Fund
appropriation for the Program from being credited to the Transportation Trust
Fund or credited as airport revenue of the Administration; requiring that any
unused General Fund appropriations for the Program remaining at the end of a
fiscal year revert to the General Fund; limiting State financial assistance to
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