J. MILLARD TAWES, Governor                          49

Section 1. Be it enacted by the General Assembly of Maryland,
That new Section 182B be and it is hereby added to Article 77 of the
Annotated Code of Maryland (1957 Edition and 1963 Supplement),
title "Public Education", sub-title "Chapter 16. Public Libraries",
to follow immediately after Section 182A thereof, and to read as
follows:

182B. Public Library Incentive Fund.

(a)  A Public Library Incentive Fund is created as of July 1, 1964,
for the purpose of granting aid to the counties and the City of Bal-
timore to finance debt service and/or pay-as-you-go capital outlay
expenditures for the purchase of land for libraries, the purchase
and construction of library buildings, remodeling and adding to
library buildings, and the purchase of equipment and furniture for
such library buildings. "Debt Service" for the purposes of this sec-
tion is the term used to describe the interest and amortization
charges paid annually over a period of years to retire bonds issued
for such purposes.

(b)  Each of the counties and the City of Baltimore shall partici-
pate in any year in the Public Library Incentive Fund created by
this section if it levies for that year, for the purpose specified in sub-
section (a) of this section, one-half cent (½c) on each hundred
dollars of the valuation of property assessable at the full rate for
county purposes as reported by the State Tax Commission. FOR
THE PREVIOUS YEAR AS REPORTED BY THE STATE DE-
PARTMENT OF ASSESSMENTS AND TAXATION. Funds re-
ceived by a Board of County Commissioners, or County Council, or
the Mayor and City Council of Baltimore, from any source other
than the State of Maryland, and applied to the purposes specified
in sub-section (a) of this section, shall be treated for the purposes
of this section as having been levied on the tax rate of the county
or city.

(c)   The Public Library Incentive Fund to be included in the State
Budget and paid to the Board of County Commissioners. County
Council, or the Mayor and City Council of Baltimore, shall be the
difference between (1) the sum of twenty-five cents (25c) multiplied
by the population in each county or the City of Baltimore, the popu-
lation figures used in such determination to be based on the latest
Federal census and in intervening years, on estimates of the Division
of Vital Statistics of the State Department of Health, AS OF APRIL
1 OF THE PREVIOUS CALENDAR YEAR, and (2) the amount
realized by the levy of one-half cent (½c) in each of the counties
and the City of Baltimore for the purposes specified in sub-section
(a) of this section.

(d)  If the Board of County Commissioners, County Council, or the
Mayor and City Council of Baltimore levy only a fractional part of
one-half cent (½c) for the purposes specified in sub-section (a) of
this section, the Public Library Incentive Fund shall be an amount
equal to the difference between (1) the same fractional part of
twenty-five cents (25c) multiplied by the population in each county
or the City of Baltimore as defined in sub-section (c) of this section,
and (2) the amount realized from the levy of the fractional part of
one-half cent (½c) as set forth in the sub-section (b) of this section.

(e)   The Public Library Incentive Fund Payment due each county
and the City of Baltimore shall be PAID TO AND allocated by the