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Session Laws, 1990 Session
Volume 436, Page 427   View pdf image (33K)
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WILLIAM DONALD SCHAEFER, Governor Ch. 63

[3.] 4. NOT LESS THAN $1,000,000 [in the State budget]

for reduction of State debt authorized under the Outdoor Recreation Land Loan of
1969[.]; AND

[(3) The] (II) THE balance in excess of the amounts allocated in
[subparagraphs (i) and (ii) of paragraph (2)] ITEM (I) OF THIS PARAGRAPH shall
be allocated to the General Fund of the State.

(3) FOR THE FISCAL YEAR COMMENCING JULY 1, 1991:

(I) 60% OF THE BALANCE SHALL BE ALLOCATED AS
FOLLOWS IN THE STATE BUDGET FOR THE FOLLOWING PURPOSES:

1. NOT LESS THAN:

A. $500,000 FOR THE LAND TRUST GRANT FUND

ESTABLISHED UNDER TITLE 3, SUBTITLE 2A OF THE NATURAL
RESOURCES ARTICLE; AND

B. $7,000,000—FOR—THE—AGRICULTURAL—LAND
PRESERVATION FUND;

C. $1,500,000 FOR THE HERITAGE CONSERVATION

FUND; AND

D. $1,000,000 FOR REDUCTION OF STATE DEBT

AUTHORIZED UNDER THE OUTDOOR RECREATION LAND LOAN OF 1969;
AND

2. THE REMAINDER OF THE 60% TO PROGRAM OPEN
SPACE; AND
SHALL BE ALLOCATED AS FOLLOWS:

A. 84.2% FOR THE PURPOSES SPECIFIED IN TITLE 5,
SUBTITLE 9 OF THE NATURAL RESOURCES ARTICLE (PROGRAM OPEN

SPACE);

B, 13.2% FOR THE AGRICULTURAL LAND

PRESERVATION FUND ESTABLISHED UNDER § 2-505 OF THE
AGRICULTURE ARTICLE; AND

C. 2.6% FOR THE HERITAGE CONSERVATION FUND

ESTABLISHED UNDER TITLE 5, SUBTITLE 15 OF THE NATURAL
RESOURCES ARTICLE; AND

(II) 40% OF THE BALANCE NOT REQUIRED UNDER
SUBSECTION (B) OF THIS SECTION SHALL BE ALLOCATED TO THE
GENERAL FUND OF THE STATE.

(4) FOR THE FISCAL YEAR COMMENCING JULY 1, 1992:

(i) 70% OF THE BALANCE SHALL BE ALLOCATED AS
FOLLOWS IN THE STATE BUDGET FOR THE FOLLOWING PURPOSES:

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Session Laws, 1990 Session
Volume 436, Page 427   View pdf image (33K)
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