THEODORE R. MCKELDIN, GOVERNOR 1337
CHAPTER 661
(House Bill 81)
AN ACT making appropriations for the support of the State Govern-
ment and for the aid of sundry schools and institutions and for
other purposes for the fiscal year ending June 30, 1954.
SECTION 1. Be it enacted by the General Assembly of Maryland,
That subject to the provisions hereinafter set forth and subject to
the Public General Laws of Maryland relating to the Budget pro-
cedure, the several amounts hereinafter specified, or so much thereof
as shall be sufficient to accomplish the purposes designated, are
hereby appropriated and authorized to be disbursed for salaries,
wages, technical and special fees and all other expenses for the depart-
ments, boards, commissions and officers of the State, and to the
respective schools and institutions, and for the several purposes
specified, for the fiscal year beginning July 1, 1953, and ending June
30, 1954, as hereinafter indicated.
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PUBLIC DEBT
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01. 01. 00. 00
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Special Fund Appropriation for interest and re-
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demption on existing public debt of the State
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including contingent interest on loans author-
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ized but not issued, excluding debt service for
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General Public School Construction Loan of
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1949 serviced by payments from political sub-
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divisions..................................................................
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5, 711, 840
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PAYMENTS
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OF REVENUE TO CIVIL DIVISIONS OF THE STATE
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02. 01. 00. 00
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Share of Franchise Tax on Ordinary Business
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Corporations
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To Baltimore City, the Counties and the Incor-
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porated Towns of the State: One-half of the
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estimated receipts of the Corporation Fran-
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chise Taxes, it being the intention that one-
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half of the actual receipts from franchise
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taxes on ordinary business corporations be
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distributed to the Counties and Baltimore
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City and Incorporated Towns in accordance
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with the distribution provided for by the
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EXPLANATION: Italics indicate new matter added to existing law.
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[Brackets] indicate matter stricken from existing law.
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CAPITALS indicate amendments to bill.
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Strike out indicates matter stricken out of bill.
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