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Session Laws, 1955
Volume 620, Page 516   View pdf image (33K)
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516                               LAWS OF MARYLAND                        [CH. 339

CHAPTER 339
(House Bill 234)

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, 1956.

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 de-
partments, 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, 1955, and ending June
30, 1956 as hereinafter indicated.

PUBLIC DEBT

01.01.00.00 Redemption and Interest on State Bonds

Special Fund Appropriation for interest and re-
demption on existing public debt of the State
including contingent interest on loans author-
ized but not issued, excluding debt service for
General Public School Construction Loans of
1949 and 1953 serviced by payments from
political sub-divisions ........................................ 7,940,845

PAYMENTS OF REVENUE TO CIVIL DIVISIONS OF THE STATE

02.01.00.00 Share of Franchise Tax on Ordinary Business
Corporations

To Baltimore City, the Counties and the Incorp-
orated Towns of the State: One-half of the
estimated receipts of the Corporation Fran-
chise Taxes, it being the intention that one-
half of the actual receipts from franchise
taxes on ordinary business corporations be
distributed to the Counties and Baltimore
City and Incorporated Towns in accordance
with the distribution provided for by the
Franchise Tax Laws, whether the same be
more or less than this estimate.

Special Fund Appropriation.......................... 200,000

02.02.00.00 Share of Tax on Admissions

To Baltimore City, the Counties and the In-
corporated Towns of the State: The respec-

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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Session Laws, 1955
Volume 620, Page 516   View pdf image (33K)
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