J. MILLARD TAWES, Governor                        67

is made in such form as the Board deems advisable and proper and it
is final and conclusive upon all parties concerned.

(c) The amount of financial assistance granted to any one or
more counties or to the City of Baltimore under the terms and con-
ditions of this act for any junior college project is determined by
the sum of Two Thousand Dollars ($2,000.00) times the proposed
capacity of the college in numbers of students, subject to the limita-
tion that State funds will not exceed one-half of the total construc-
tion cost of any junior college project.

Sec. 6. And be it further enacted, That until all of the interest on
and principals of any certificates issued under this act are paid in
full, there is hereby levied and imposed an annual State tax on each
One Hundred Dollars ($100.00) of assessable property at the rate to
be determined in the following manner: On or before December 1,
1964, and on or before December 1st of each calendar year thereafter
the Board of Public Works certifies to the governing bodies of each
of the counties and of Baltimore City the rate of State tax on each
One Hundred Dollars ($100.00) of assessable property necessary to
produce revenue to meet all interest and principal which will be
payable to the close of the next ensuing calendar year on all certifi-
cates theretofore issued or theretofore authorized by resolution of
the Board of Public Works to be issued, and the governing bodies of
each of the counties and Baltimore City will forthwith levy and
collect such a tax at such a rate.

Sec. 7. And be it further enacted, That all matters committed
by this act to the discretion of the Board of Public Works are deter-
mined by a majority of said Board.

Sec. 8. And be it further enacted, That it is the legislative inten-
tion to provide financial assistance for capital expenses which may be
incurred after the effective date of this act in the acquisition of land
and the construction of public junior or community colleges.

Sec. 9. And be it further enacted, That this act shall take effect
June 1,1964.

Approved April 7, 1964.

CHAPTER 28
(Senate Bill 156)

AN ACT to repeal and re-enact, with amendments, Section 9 (23)
of Article 81 of the Annotated Code of Maryland (1963 Supple-
ment), title "Revenue and Taxes," subtitle "What Shall Be Taxed
and Where," amending the laws concerning the so-called manu-
facturer's tax exemption relating to certain tools, implements,
machinery, apparatus or engines in order to exempt such items
from state property taxes. PROVIDING FOR A STATE PROP-
ERTY TAX EXEMPTION RELATING TO CERTAIN TOOLS,
IMPLEMENTS, MACHINERY, APPARATUS OR ENGINES OF
MANUFACTURERS AND FARMERS.