Theodore R. McKeldin, Governor                   285

Security Act of the United States for employees of the State of
Maryland and of its political sub-divisions in order to make possible
more extended coverage of State and local public employees under
the Federal Old Age and Survivors Insurance System and relating
generally to the membership and benefits for State and local
public employees in Maryland in the Federal Old Age and Survi-
vors' Insurance System as embodied in the Social Security Act of
the United States.

Section 1. Be it enacted by the General Assembly of Maryland,
That Sub-section (d) (3) of Section 34 and Sub-section (a), (c),
and (d) of Section 35 of Article 73B of the Annotated Code of Mary-
land (1955 Supplement), title "Pensions", sub-title "Social Security
Benefits" be and they are hereby repealed and re-enacted, with
amendments; and that Sub-section (e) and (f) to Section 35 be a,nd
they are hereby added thereto to follow immediately after Sub-section
(d) of Section 35 thereof, and all to read as follows:

34 (d) (3)

Each political sub-division as to which a plan has been approved
under this section shall [also] pay into the [contribution] expense
fund, established by Section 35, its pro-rata share of the expenses of
the State Agency incurred in the Administration of this sub-title as
said pro-rata share shall be certified to each political sub-division
by the State Agency.

35. [(Contribution Fund)] (Contribution and Expense Funds)
(a) There is hereby established a special fund to be known as the
Contribution Fund. Such fund shall consist of and there shall be
deposited in such fund:

(1) All contributions, interest, and penalties collected under
Section 34, (but not Expense Funds collected under Sub-section (d)
(8) thereof); and

(2) All sums recovered upon the bond of a custodian or otherwise
for losses sustained by the fund and all monies received for the fund
from any other sources. All monies in the fund shall be mingled
and undivided. Subject to the provisions of this sub-title, the State
Agency is vested with full power, authority and jurisdiction over
the fund and may perform any and all acts whether or not specifically
designated, which are necessary to the administration thereof and
are consistent with the provisions of this sub-title.

(c)   From the Contribution Fund, the [Comptroller of the Treas-
ury] State Treasurer or the Deputy Treasurer, only upon vouchers
signed by two persons designated by the Board of Trustees, shall pay
the Secretary of the Treasury such amounts and at such time or times
as may be directed by the State Agency in accordance with any agree-
ment entered into under Section 33 and the Social Security Act. [and
shall further pay such amounts and at such time or times as may be
directed by the State Agency as may be incurred as an expense by the
State Agency in the administration of this sub-title.]

(d)   The [Treasury] Treasurer of the State shall be ex-officio
treasurer and custodian of the Contribution [Fund] and Expense
Funds and shall administer such [fund] funds in accordance with