330 LAWS OF MARYLAND [CH. 51

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8. UNTIL ALL OF THE INTEREST ON AND PRIN-
PAL OF ANY CERTIFICATES ISSUED UNDER THIS
ACT HAVE BEEN PAID IN FULL, THEEE IS HERE-
BY LEVIED AND IMPOSED AN ANNUAL STATE
TAX ON EACH $100 OF ASSESSABLE PROPERTY
AT THE RATE TO BE DETERMINED IN THE FOL-
LOWING MANNER: ON OR BEFORE DECEMBER 1,
1950, AND ON OR BEFORE DECEMBER 1 IN EACH
CALENDAR YEAR THEREAFTER, THE BOARD OF
PUBLIC WORKS SHALL CERTIFY TO THE GOVERN-
ING BODIES OF EACH OF THE COUNTIES AND
BALTIMORE CITY THE RATE OF STATE TAX ON
EACH $100 OF ASSESSABLE PROPERTY NECES-
SARY TO PRODUCE REVENUE TO MEET ALL IN-
TEREST AND PRINCIPAL WHICH WILL BE PAY-
ABLE TO THE CLOSE OF THE NEXT ENSUING CAL-
ENDAR YEAR ON ALL CERTIFICATES THERETO-
FORE ISSUED OR THERETOFORE AUTHORIZED BY
RESOLUTION OF THE BOARD OF PUBLIC WORKS
TO BE ISSUED, AND THE GOVERNING BODIES OF
EACH OF THE COUNTIES AND BALTIMORE CITY
SHALL FORTHWITH LEVY AND COLLECT SUCH
TAX AT SUCH RATE.

ALL MATTERS COMMITTED BY THIS ACT TO
THE DISCRETION OF THE BOARD OF PUBLIC
WORKS SHALL BE DETERMINED BY A MAJORITY
OF SAID BOARD.

SEC. 2. And be it further enacted, That this Act is
hereby declared to be an emergency measure and neces-
sary for the immediate preservation of the public health
and safety, and having been passed by a yea and nay vote,
supported by three-fifths of all of the members elected to
each of the two Houses of the General Assembly of Mary-
land, the same shall take effect from the date of its
passage.

Approved March 28, 1950.