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Session Laws, 1965
Volume 676, Page 1253   View pdf image (33K)
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J. MILLARD TAWES, Governor                     1253

to produce revenues to meet all interest and principal which will be
payable to the close of the next ensuing [calendar] taxable year on
all certificates theretofore issued or theretofore authorized by reso-
lution of the Board of Public Works 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.

Chapter 86 of the Acts of 1960
9.

Until all of the interest on and principal of any certificates issued
under this Act have been paid in full, there is hereby levied and
imposed an annual State tax on each $100 of assessable property
at the rate to be determined in the following manner: on or before
December 1, 1960, and on or before [December] May 1 in each
[calendar] year thereafter, the Board of Public Works shall certify
to the governing bodies of each of the Counties and Baltimore City
the rate of State tax on each $100 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] taxable year on
all certificates theretofore issued or theretofore authorized by reso-
lution of the Board of Public Works 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; provided, the cost of capital
improvements for the Department of Motor Vehicles and for the
Department of Maryland State Police as set out herein shall be
paid from the fines and other receipts of the Department of Motor
Vehicles provided in Section 341 of Article 66½ of the Annotated
Code of Maryland (1957 Edition), and the cost of debt service for
bonds issued for these purposes shall not be included by the Board of
Public Works in determining the tax rate under the provisions of
this Section unless the revenues from the fines and other receipts
of said Department of Motor Vehicles be insufficient to provide
necessary funds to pay the principal and interest on such bonds.

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

Chapter 114 of the Acts of 1960
6.

Until all of the interest on and principal of any certificates issued
under this Act have been paid in full, there is hereby levied and
imposed an annual State tax on each $100 of assessable property
at the rate to be determined in the following manner; on or before
December 1, 1960, and on or before [December] May 1 in each
[calendar] year thereafter, the Board of Public Works shall certify
to the governing bodies of each of the Counties and Baltimore City
the rate of State tax on each $100 of assessable property necessary
to produce revenues to meet all interest and principal which will be
payable to the close of the next ensuing [calendar] taxable year on
all certificates theretofore issued or theretofore authorized by reso-
lution of the Board of Public Works 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.

 

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Session Laws, 1965
Volume 676, Page 1253   View pdf image (33K)
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