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Session Laws, 1943
Volume 584, Page 1166   View pdf image (33K)
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STAfE fiOAl>$ C61MISSION—(Continued)

BUB&ET FO& THE BIENNIUM 1944-1945
Account
Number Account Title For the Fiscal Year 1944 For the Fiscal Year 1945

Appropriation oi Lateral Gasoline Tax, One and one-
half Cent (ly2c) to the Counties:

Total Appropriations to the several Counties..... 1,86309469 205978782
Total Expenditures to be made by the State Roads -————————— .. * *

Commission from the estimated product of the One

and one-half Cent (lV2c) Lateral Gasoline Tax... $2,661,563.84 $2,942,554.03

03 ELIMINATION OF GRADE CROSSINGS (One-half

Cent (%c) Gasoline Tax):

To the State Roads Commission the proceeds of
. Eighty Percent (80%) of the Revenue of One-half
Cent (%c) Gasoline Tax (Less refund exemptions)
after deducting1 one-eight (%) of the appropria-
tion aforesaid for maintaining the Gasoline Tax
Collection Department in the office of the State
Comptroller. From Eighty Percent (80%) of the
ne't receipts of the One-half Cent (%c) Gasoline
Tax, after refund exemptions but before the other
deductions as hereinafter provided, there shall be
paid from the tax each year, provided the State
Roads Commission shall demand a payment each
year, an amount equal to the Debt Service cost for
each year, in the event that the net toll incomes
from the operation of the Chesapeake Bay Ferry
bystem sh.au be insufficient for the payment of
Debt Obligations on S'tate Roads Commission of
. Maryland Chesapeake Bay Ferry Revenue Bonds of
1941, authorized and issued in accordance with the
provisions of Sections 140-A to 140-M, both inclu-
sive, of Article 89B, of the Annotated Code of
Maryland (1939 Edition). After the reserve for
Debt Service, should the same be required, there
will then be deducted a ratable share of the tax
not exceeding $30,100.00 for the purpose of main-
taining the State Guard Detail as part of the Mili-
tary Department of the State, but such deduction
shall be made only so long as the Emergency ex-
ists, due to the War status, or until provision is
otherwise made to release the Guard from the duty
of safeguarding strategic points, or projects for the
continued and uninterrupted use of the road and
highway system. The ratable share to be deducted
shall be the1 ratio of the One-half Cent (V2c) Grade
Elimination Gasoline Tax to the entire net income
from the Gasoline Tax and income from Commis-
sioner of Motor Vehicles, exclusive, however, of
one and four-tenths mills ($.0014) of the Two
Cent (2c) Tax, and exclusive of income from Truck
License Fees and Franchise Taxes. The amounts
named herein are computed as estimates only, it

 

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Session Laws, 1943
Volume 584, Page 1166   View pdf image (33K)
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