1140 LAWS OF MARYLAND [CH. 610
tificates issued by the State of Maryland pursuant to the
terms of this act.
SEC. 7. And be it further enacted, That the County
Commissioners of the several counties of the State and
the Mayor and City Council of Baltimore are hereby
respectively directed to levy the State taxes for the years
1954 and 1955 at Three Cents (3¢) on each One Hundred
Dollars ($100) of assessable property, and for the year
1956 and all succeeding years until all certificates issued
under the authority of this Act are redeemed, Fifteen
Cents (15¢) on each One Hundred Dollars ($100) of
assessable property, to be collected according to law, to
meet the interest on the amount of said certificates out-
standing, and also to meet and redeem so much of the
principal in each of said years as may be represented by
certificates redeemable in each year, respectively, provided
however, that the levy or levies provided for in this Section
shall not be made and the said tax or taxes shall not be
collected in any year if before January 1, 1954, and before
the beginning of each year thereafter the Board of Public
Works shall ascertain as a fact upon a certified statement
rendered to such Board by the State Comptroller that all
payment of principal and interest on the certificates issued
pursuant to the terms of this Act have been met during
the current year from the payments received from each of
the counties and the City of Baltimore, as more particu-
larly provided in Section 5 of this Act. Upon the ascertain-
ment of such fact by the Board of Public Works, the
Governor shall, by proclamation issued pursuant to a
resolution of the Board of Public Works, publicly declare
that the State taxes provided for in this Section shall not
be collected or levied in any such succeeding year.
SEC. 8. And be it further enacted, That this Act shall
take effect June 1, 1953.
Approved April 27, 1953.
CHAPTER 610
(Senate Bill 298)
AN ACT to repeal and re-enact, with amendments, Sub-
section SECTIONS (b) (4) AND (B) (5) of Section
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EXPLANATION: Italics indicate new matter added to existing law.
[Brackets] indicate matter stricken from existing law.
CAPITALS indicate amendments to bill.
Strike out indicates matter stricken out of bill.
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