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Session Laws, 1941
Volume 582, Page 1919   View pdf image (33K)
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STATE ROADS COMMISSION—(Continued)

UDGET OF THE STATE BO ADS COMMISSION OF MARYLAND FOR THE BIENNIUM 1942-1943
Account
Number TITLE OF ACCOUNT For the Fiscal Year 1942 For the Fiscal Year 1943

tions are to be made as Federal Aid; for the con-
struction and development of Feeder or Secondary
Roads; for new projects of construction in munici-
palities or metropolitan areas; or for the elimina-
tion of grade crossings.

017 ADVERTISING SIGN PERMITS:

To the State Roads Commission the entire income
received from the issuance of Advertising Sign
Permits, such revenue to be expended in the
beautification of such road sides or slopes as may
be selected. The amount named herein is an
estimate only, it being the intention that the entire
proceeds shall bis received and expended for this
purpose .................................... 7,000.00 7,000.00

018 TRUCK LICENSE FEES AND FRANCHISE TAXES:
To the State Roads Commission, 100% of all income
produced by trucks of the State, either as payment
for license fees, franchise taxes, or other purposes,
without any deductions therefrom, except as herein
provided. The entire proceeds from these sources
are to be set over to the use of the State Roads
Commission and expended by it for interest and
annual payment of principal as required, on Bond
obligations of the State Roads Commission as
herein provided; the remainder of these incomes,
after deducting annual debt service, is to merge
with the income produced by the 2c. Gasoline Tax,
Income from Commissioner of Motor Vehicles and
Traffic Courts, and 70% of such amount revert-
ing, is to be expended by the State Roads Com-
mission for general maintenance or reconstruction
of the State System of Roads. The remaining 30%
of the above revenue is to be paid by the Comp-
troller of the Treasury to Baltimore City at the
close of each fiscal year, and is to be applied by
Baltimore City in the same manner as the City's
proportionate share of 30% of the 2c. Gasoline
Tax and Income from Commissioner of Motor
Vehicles .................................... $ 877,771.02 $ 897,520.86

Estimated amount not required for debt service and
to merge and consolidate with the 2c. Gasoline Tax
and Commissioner of Motor Vehicles Income, of
which the State Roads Commission's share, at
70%, shall be................................ $241,644.21 $255,364.10

and of which Baltimore City's share, at 30%,

shall be .................................... 103,561.81 345,206.02 109,441.76 364,805.86

Amount required for debt service on State Roads Com-
mission of Maryland Refunding Bonds, $5,358,000, ———————— ————————— ———————— —————————
- Issue of 1937................................. 532,565.00 532,715.00

 

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Session Laws, 1941
Volume 582, Page 1919   View pdf image (33K)   << PREVIOUS  NEXT >>


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