188                               Laws of Maryland                        [Ch. 68

fiscal year the budgeted revenues of the State Roads Commission
from the 50% Share of the Gasoline Tax Fund, the Excise Tax on
Certificates of Title to Motor Vehicles and the 50% Share of the
Motor Vehicle Revenue Fund, together with Federal Aid appropria-
tions of the then current year for the State Highway System, are
in excess (at least to the extent of such authorized expenditures) of
the total estimates of such revenues as shown in the Proposed
Twelve-Year Program for Road Construction and Reconstruction
dated October 27, 1952. The total road mileage of additional con-
struction that may be authorized under the provisions of this act
shall not be limited or added to the mileage set forth in the Twelve-
Year Construction and Reconstruction Program. Nothing herein
shall be deemed to permit the State Roads Commission to diminish
the sinking fund provision necessary to pay the principal of and
interest on State Highway Construction Bonds, and the proposed
road program during the first four program years, as said program
costs are set forth in the document entitled "Road Construction and
Reconstruction in the Proposed Twelve-Year Program", and date
October 27, 1952, copies of which document shall be signed on the
front thereof by the Chairman of the State Roads Commission and
shall be filed with each of the following: The Secretary of the State
of Maryland, the clerk of the Court of Appeals of Maryland, the
Department of Legislative Reference of Maryland and the secretary
of the State Roads Commission of Maryland; provided, however, the
State Roads Commission shall at no one time issue bonds in an
amount greater than $25,000,000.00, and further provided that no
bonds shall be issued until the cash balance in the Commission's Con-
struction Fund is below $25,000,000.00 prior to the end of the four-
year period next succeeding the effective date of this act, i.e. on or
before the 31st day of January during the 1957 session of the Gen-
eral Assembly, the State Roads Commission shall present to the
Governor of the State and to the General Assembly, a report of the
receipts and disbursements of the Commission from the effective
date of this act to December 31, 1956. Said report shall also include a
summary of the program progress through December 31, 1956. After
legislative review of the December 31, 1956, report, and such other
legislative inquiry as may be deemed appropriate, the General As-
sembly may, by appropriate action, prohibit the issuance of addi-
tional bonds provided for in this act, or may restrict the amount of
bonds that may be issued during the second four-year period next
succeeding the effective date of this act; provided, however, if after
legislative review as aforesaid, the General Assembly shall fail to
prohibit or restrict the amount of bonds that may be issued to
accomplish the construction and reconstruction contemplated during
the second four-year period, above referred to, then the bonds neces-
sary to supplement construction funds available to finance the pro-
posed construction and reconstruction during that period as set
forth in the document entitled "Road Construction and Reconstruc-
tion in the Proposed Twelve-year Program", may be issued. Prior
to the end of the second four-year period next succeeding the effective
date of this act, i.e. on or before the 31st day of January, during the
1961 session of the General Assembly, the Commission shall again
present to the Governor and the General Assembly the same type of
report as shall be submitted prior to the end of the first four-year
period, and the General Assembly shall have the authority to again
review the program and the further authority to prohibit or restrict
the amount of bonds that may be issued to supplement construction