J. MILLARD TAWES, Governor                     1247

revenue to meet all interest and principal, if any, which will be pay-
able to the close of the next ensuing [calendar] taxable year on all
bonds theretofore issued or theretofore authorized by resolution of
the Authority to be issued, and the governing bodies of each of the
Counties and Baltimore City shall forthwith levy and collect such
tax at such rate.

All matters committed by this Act to the discretion of the Board
of Public Works shall be determined by a majority of said Board.

Provided, however, that the levy or levies provided for in this
section shall not be made and the said tax or taxes shall not be col-
lected in any year if before [December] May 1 of the preceding
year and before [December] May 1 of every succeeding year there-
after the Board of Public Works shall ascertain as a fact upon a
certificate rendered to such board by the Authority or the trustee
under any trust indenture securing market revenues for payment of
said bonds that all payments of principal and interest due and payable
in that preceding year on the bonds issued pursuant to this Act have
been paid, and that funds sufficient to meet all payments of principal
and interest due and payable on such bonds in the said current year
have been received and set aside in the sinking fund provided by
Section 11 of this Act, by the Authority or trustee under any trust
indenture securing market revenues for payment of said bonds. Upon
the ascertainment of such facts by the Board of Public Works, the
Governor shall by proclamation issued pursuant to resolution of the
Board of Public Works publicly declare that the State taxes provided
for in this section shall not be levied or collected for in said current
year. Provided further, however, that the levy or levies provided
shall be made only in part and the said tax or taxes shall be collected
only in part if before [December] May 1 of the preceding year and
before [December] May 1 of any succeeding year thereafter the
Board of Public Works shall ascertain as a fact upon a certificate
rendered to such board by the Authority or the trustee under any
trust indenture securing market revenues for payment of said bonds
that part but not all of the payments of principal and interest due
and payable in that preceding year on the bonds issued pursuant to
this Act have been paid; or that part but not all of the funds required
to meet all payments of principal and interest due on such bonds in
the said current year have been received and set aside in the sinking
fund by the Authority or the trustee under any trust indenture
securing market revenues for payment of said bonds. In such event,
and upon the ascertainment of such facts by the Board of Public
Works the Governor shall by proclamation issued pursuant to a reso-
lution of the Board of Public Works publicly declare that only so
much of the State taxes provided for in this section shall be levied
or collected for in said current year as shall be necessary to make
up the remainder of the amount necessary to meet all payments of
principal and interest due on the said bonds in that preceding year
or in the said current year, or both, as the case may be.

Any taxes collected to pay the principal of or interest on said bonds,
as hereinabove provided, shall be paid over by the State Comptroller
on or before the 15th day of January of the year following the year
in which such taxes are collected, to or for the account of the Au-
thority or the trustee under any trust indenture securing market
revenues for payment of said bonds, upon a receipt of the Authority
and said trustee, if any; and said taxes shall become a part of the