THEODORE R. MCKELDIN, GOVERNOR 1995

missioners is hereby directed in its next annual levy and
annually thereafter to levy said tax on all property in its
county within the District both real and personal, assessed
for county tax purposes, which taxes shall be levied and collect-
ed as county taxes now are or may be hereafter by law levied
and collected, and have the same priority rights, bear the same
interest and penalties and in every respect be treated the same
as county taxes. The proceeds of the collection of such tax
shall be paid to the Commission and shall constitute the ad-
ministrative fund of the Commission. The expenditures of the
Commission for operating or administrative purposes shall be
within the amount of such fund, together with such additional
funds as may be appropriated or contributed for such purposes
by said County Commissioners or by the General Assembly of
Maryland or by the United States or by private donors.

"The Commission is hereby authorized and empowered from
time to time during any fiscal year to borrow such sums of
money on promissory notes, to be known as Tax Anticipation
Certificates of Indebtedness to bear interest at not exceeding
six per centum (6%), per annum, to be signed by the Chair-
man and the Secretary-Treasurer of the Commission, as may be
necessary to meet its administrative operating expenses within
Montgomery County under this sub-title, from any bank or in-
stitution or individual willing to lend the same, and from time
to time to issue and to renew its Tax Anticipation Certificates
of Indebtedness for the same bearing interest at not exceeding
six per centum (6%) per annum, provided that the total
amount so borrowed and outstanding in any fiscal year shall
not exceed 75 per centum of the total proceeds received by the
Commission from the [4-cent] administrative tax levied and
collected during the Commission's preceding fiscal year within
Montgomery County either in the Maryland-Washington Metro-
politan District or in the Maryland-Washington Regional Dis-
trict as the case may be; and provided further, that all moneys
so borrowed within any fiscal year shall be repaid during the
next succeeding fiscal year from the proceeds of the [4-cents]
administrative tax received by the Commission in the fiscal
year last mentioned.

"As compensation for acting as District Council of Prince
George's County; the members, the attorney, and the clerk of
the Board of County Commissioners of Prince George's County
shall each receive in addition to the compensation now received
by them the sum of Four Hundred Dollars ($400. 00) per
annum, payable monthly, which amounts as to the Board of
County Commissioners to the extent of $200. 00 each per annum
shall be paid from the proceeds of the three cent administrative
tax levied in said county under the provision of this section,