J. MILLARD TAWES, GOVERNOR                                817

Chapter 780 of the Acts of 1959, this Act having enacted the sub-
title "Park and Planning Commission" and added said sub-title to
the Montgomery County Code—(1955 Edition, being Article 16
of the Code of Public Local Laws of Maryland) and added said
sub-title also to the Code of Public Local Laws of Prince George's
County (1953 Edition, being Article 17 of the Code of Public Local
Laws of Maryland) and said Section 46 being in the sub-heading
"Metropolitan District", amending the laws concerning the Mary-
land-Washington Metropolitan District, in order to clarify the
language concerning the tax to be levied by the county guarantee-
ing payment of the Park and Planning Commission's Bonds in any
year when an inadequacy of tax proceeds prevents payment; and to
provide that nothing contained in this Act shall increase, decrease
or modify the limitations on the powers of the Commission to issue
bonds or notes as contained in other sections of said sub-title.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 46 of Chapter 780 of the Acts of 1959, which act en-
acted the sub-title "Park and Planning Commission" and added said
sub-title to the Montgomery County Code—(1955 Edition, being
Article 16 of the Code of Public Local Laws of Maryland) and added
said sub-title also to the Code of Public Local Laws of Prince George's
County (1953 Edition, being Article 17 of the Code of Public Local
Laws of Maryland), and said Section 46 being in the subheading
"Metropolitan District", be and it is hereby repealed and re-enacted,
with amendments, to read as follows:

46. Bonds issued on full faith and credit of Commission and of
Counties.

All of said bonds and notes shall be issued on the full faith and
credit of the Commission and upon the full faith and credit of the
county guaranteeing them. The principal and interest maturing
thereon shall be payable from the proceeds of the collection of the
taxes authorized in this sub-title. In the event of the inadequacy
of said taxes for such purpose, there shall be levied by the county
guaranteeing said bonds, in each year that any such inadequacy
shall exist, an additional tax upon all assessable property within the
portion of the District in said county sufficient to make up any such
inadequacy and if the proceeds of such additional tax shall likewise
be inadequate, then said county shall levy for said purpose a tax
upon all the assessable property within the corporate limits of such
county sufficient to make up the inadequacy or deficiency in the
revenues available for principal and interest maturities on the bonds
or notes. Nothing contained in this Section or elsewhere in this sub-
title shall be deemed or construed as increasing or decreasing or
otherwise modifying the limitations on the powers of the Commis-
sion to issue bonds or notes as contained in Sections 44, 45 and 48
of this sub-title or in any other law.

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1961.

Approved April 24, 1961.