90                                Laws of Maryland                       [Ch. 100

Whereas, it is desirable to repeal this language in order to carry
out the original intent of Chapter 38 of 1960; now therefore

Section 1. Be it enacted by the General Assembly of Maryland,
That Sections 40 (a) and 40 (c) of Article 73B of the Annotated
Code of Maryland (I960 Supplement), title "Pensions", sub-title
"Social Security Benefits", be and they are hereby repealed and re-
enacted, with amendments, to read as follows:

40. (a) Contribution Fund established; of what monies composed;
authority of State Agency.—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 Sec.
39, but not Expense Funds collected under subsection (d) (3) there-
of; and

(2)  Interest earned on investments; and

(3)   All sums recovered upon the bond of a custodian or other-
wise 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.)] The interest earned on investments shall
be used to defray the operating expenses of the State Agency. Sub-
ject 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) Payments from fund by State Treasurer.—From the Contribu-
tion Fund, the 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 ac-
cordance with [(any agreement entered into under Section 37 and
the Social Security Act.)] this sub-title.

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

Approved February 27, 1961.

CHAPTER 100
(House Bill 119)

AN ACT to repeal and reenact with amendments Section 7-64 of the
Baltimore County Code (1958 Edition) title "Baltimore County",
sub-title "Courts, Fines, Forfeitures and Imprisonment", sub-

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.