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Session Laws, 1945
Volume 589, Page 1215   View pdf image (33K)
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STATE ROADS COMHIISSIOtf— (Continued)

BUDGET OF THE STATE ROADS COMMISSION FOR THE BIENNIUM 1946-1947—(Continued)

Account Governor's Allowance

Number / Account Title For the Fiscal Year 1946 For the Fiscal Year 1947

tion 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
be received and expended for this purpose......... $8,000.00 $8,000.00

018 TRUCK LICENSE FEES AND FRANCHISE TAXES:

To the State Roads Commission, 100% of a-11 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 de-
ducting annual debt service, is to merge with, the
income produced by the1 Two Cent (£c) Gasoline
Tax, Income from Department of Motor Vehicles
and Traffic Court, and 70% of such amount revert-
ing, is to be expended Jby the State Roads Commis-
sion 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 Oity 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 Two Cent (2c)
Gasoline Tax and Income from Department of Motor
Vehicles .................................... $ 933,481.66 $1,026,829.82

Estimated amount not required for Debt Service and
to merge and consolidate with the Two Cent (2c)
Gasoline Tax and Department of Motor Vehicles In-
come, of which the State Roads Commission's share,
at 70% shall be............................... $178,971.91 $241,501.62

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

shall be .................................. 76,702.25 103,500.70

———————— 255,674.16 ________ 345,002.32

Amount required for Debt Service on State Roads
Commission of Maryland Refunding and Improve-
ment Bonds, Issue of $9,000,000, authorized by
Chapter 884, of the Acts of 1941................ - $ 6",807.50 $ 681,827.50

 

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Session Laws, 1945
Volume 589, Page 1215   View pdf image (33K)
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