Ch. 178 LAWS OF MARYLAND
(4) An annual State tax is imposed on all assessable property in the State
in rate and amount sufficient to pay the principal of and interest on the bonds, as and
when due and until paid in full. The principal shall be discharged within 15 years after
the date of issue of the bonds.
(5) Prior to the payment of any funds under the provisions of this Act for
the purposes set forth in Section 1(3) above, the Board of County Commissioners of
Garrett County shall provide at least an equal and matching fund of $200,000. No part
of an applicant's matching fund may be provided, either directly or indirectly, from
funds of the State, whether appropriated or unappropriated. No part of the fund may
consist of real property, in kind contributions, or funds expended prior to the effective
date of this Act. In case of any dispute as to what money or assets may qualify as
matching funds, the Board of Public Works shall determine the matter, and the Board's
decision is final. The Board of County Commissioners of Garrett County has until June
1, [1990] 1992, to present evidence satisfactory to the Board of Public Works that the
matching fund will be provided. If satisfactory evidence is presented, the Board shall
certify this fact to the State Treasurer and the proceeds of the loan shall be expended
for the purposes provided in this Act. If this evidence is not presented by June 1, [1990]
1992, the proceeds of the [loans] LOAN shall be applied to the purposes authorized in
§ 8-129 of the State Finance and Procurement Article.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take
effect June 1, 1990.
Approved April 24, 1990.
CHAPTER 178
(House Bill 768)
AN ACT concerning
Alcoholic Beverages - Advertisements
FOR the purpose of altering the maximum dollar value over which there is a prohibition
against brewers or beer wholesalers furnishing certain advertisements to a retail
licensee.
BY repealing and reenacting, with amendments,
Article 2B - Alcoholic Beverages
Section 110(a)
Annotated Code of Maryland
(1987 Replacement Volume and 1989 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
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