10                                Laws of Maryland                    [Chs. 1, 2

Agreement which the Commission is authorized to enter into by the
provisions of Section 126 A of this sub-title. Provided, however, that
the Commission may thereafter charge tolls for the use of the Ex-
pressway in order to provide funds for reimbursing to the Com-
mission, in whole or in part, any sum theretofore expended in paying
a part of the cost of maintaining, repairing and operating the
Expressway, and such tolls may be continued until such sum shall
have been reimbursed to the Commission.

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1956.

Approved March 8, 1956.

CHAPTER 2
(Senate Bill 1)

AN ACT to add a new Article to the Annotated Code of Maryland
(1951 Edition), to be numbered 62B, title "Maryland Port Au-
thority", to follow immediately after Article 62A, creating a body
politic and corporate and an instrumentality of the State of Mary-
land to be known as the "Maryland Port Authority" and defining
its members and its powers and duties; providing for the acquisi-
tion by the Authority of certain existing port facilities of the
Mayor and City Council of Baltimore, for the construction of port
facilities, and for the maintenance, repair and operation thereof;
granting to the Authority power under certain conditions to ac-
quire necessary real and personal property and to exercise the
power of eminent domain; providing for the issuance of special
obligation bonds of the Authority in an aggregate principal amount
not exceeding Fifteen Million Dollars ($15,000,000), payable from
the proceeds of the tax on the net income of certain corporations
under Section 283 (D-2) of Article 81 of the Annotated Code of
Maryland as enacted by this Act, and for the issuance of revenue
bonds of the Authority, payable solely from rentals and other
revenues of the Authority; providing for the application of such tax
on the net income of certain corporations to the payment of such
special obligation bonds and to the cost of maintenance, repair and
operation of such port facilities and to the administrative expenses
of the Authority; authorizing the issuance of revenue refunding
bonds; prescribing the powers and duties of the Authority in con-
nection with the foregoing and the rights and remedies of the
holders of bonds issued under the provisions of said Article 62B;
providing penalties for a violation of the provisions of said Article
62B and of any rule or regulation lawfully adopted or promulgated
by the Authority; to add Section 283 (D-2) to Article 81 of said
Code (1951 Edition and 1955 Supplement), title "Revenue and
Taxes", sub-title "Income Tax", to follow immediately after Section

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.