THEODORE R. MCKELDIN, GOVERNOR                      281

receipt by said county or by said City, after January 1, 1958, of
money from participation by such political subdivision in the Gen-
eral Public School Construction Loan of 1956 authorized by Chapter
80 of the Acts of the General Assembly of 1956, or any similar act
passed or to be hereafter passed. No county nor the City of Balti-
more shall be required to levy ad valorem taxes upon its taxable basis
for the purpose of repaying to the State any such money received
during the calendar year 1958 or any subsequent year, or the interest
or carrying charges with respect to such money, by said counties or
City. All monies received by any county or the City of Baltimore
during the calendar year 1958 or any subsequent year by reason of
the participation of such political subdivisions in the General Public
School Construction Loan of 1956 authorized by Chapter 80 of the
Acts of 1956, or any similar act passed or to be hereafter passed

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SHALL BE DEDUCTED FROM FUNDS DUE SAID COUNTIES
AND City under applicable provisions of State law relating to the
income tax, the tax on racing, the recordation tax, the tax on amuse-
ments, the license tax and the incentive fund for school buildings;
ANY AND ALL OBLIGATIONS IN CONNECTION WITH FUNDS
RECEIVED BY THE COUNTIES OR THE CITY OF BALTIMORE
FROM THE STATE SCHOOL CONSTRUCTION LOAN OF 1956,
OR ANY SIMILAR ACT PASSED OR TO BE HEREAFTER
PASSED, ARE HEREBY DECLARED TO BE SELF LIQUIDAT-
ING OBLIGATIONS, INCURRED FOR SELF LIQUIDATING
PROJECTS WITHIN THE MEANING OF THOSE TERMS AS
USED IN ANY CHARTER, PUBLIC GENERAL OR PUBLIC
LOCAL LAW NOW OR HEREAFTER IN FORCE IN THIS STATE.
All laws or parts of laws which are inconsistent with the provisions
of this Act are hereby repealed to the extent of such inconsistency.

SEC.2. And be it further enacted, That this Act is hereby declared
to be an emergency law and necessary for the immediate preserva-
tion of the public health and safety, and being passed upon a yea and
nay vote, supported by three-fifths of all the members elected to each
of the two houses of the General Assembly, the same shall take effect
from the date of its passage.

Approved April 4, 1958.

CHAPTER 87
(House Bill 92)

AN ACT to repeal and re-enact, with amendments, Section 114 of
Article 21 of the Annotated Code of Maryland (1957 Edition), title
"Conveyancing", sub-title "Land Installment Contracts", and to

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.