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Session Laws, 1947
Volume 411, Page 1364   View pdf image (33K)
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1364 LAWS OF MARYLAND. [CH. 560

Tax; it being the intent hereof that, so long as any of the
bonds referred to in said Section 140-T remain unpaid and
outstanding, the tax laid by said section shall not be repealed,
diminished or applied to any other object and shall be deemed
to continue as a proportionate part of the Five Cent Gasoline
Tax imposed by Section 241 of Article 56 of the Annotated
Code of Maryland.

(d) Next, to the extent required for debt service on State
Highway Construction Bonds pursuant to Sections 147G to
147P, both inclusive, of this Article, as enacted by Section 18
of this Act.

(e) The balance, together with any monies transferred from
the Motor Vehicle Revenue Fund under sub-division (1) of
Section 16 of this sub-title, shall constitute a construction fund
for the performance, to the extent necessary, of valid and sub-
sisting contracts heretofore entered into by the Commission
and for the construction or reconstruction of a project or
projects as defined in this sub-title; provided that no express-
way shall be constructed to serve a traffic volume of less than
an average of 5,000 vehicles per day, and no controlled access
arterial highway shall be constructed to serve a traffic volume
of less than an average of 3,000 vehicles per day, such traffic
volumes to have been determined over a period of one year
prior to the initiation of the project by procedures hereto-
fore used by the State Roads Commission to establish densities
of traffic.

12. Thirty per cent, of the monies paid into the Gasoline
Tax Fund during any fiscal year, together with the funds
added thereto pursuant to Section 16(2) of this Article, shall
be distributed monthly to the Mayor and City Council of
Baltimore to be used for the construction, reconstruction or
maintenance of the streets and highways of the City of Balti-
more; or for the payment of debt service with respect to bonds
or other evidences of debt heretofore or hereafter issued by
the City of Baltimore for the construction, reconstruction or
maintenance of streets and highways of the City of Baltimore;
and for no other purposes.

13. Twenty per cent, of the monies paid into the Gasoline
Tax Fund during any fiscal year, together with funds added
thereto pursuant to Section 16(3) of this Article, shall be
used for the benefit of the counties and municipalities of the
State (other than Baltimore City) as follows:

(a) The State Treasurer shall allocate for the account of
each county a share determined by the proportion which the
total mileage of county roads in that county bears to the total

 

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Session Laws, 1947
Volume 411, Page 1364   View pdf image (33K)
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