1256                            LAWS OF MARYLAND                      [CH. 793

Chapter 887 of the Acts of 1961
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 im-
posed 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, 1961, 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.

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

Article 62B of the Annotated Code of Maryland
(1964 Replacement Volume)

8A.

(h) In addition, there shall be and is hereby levied and imposed
an annual State tax on each one hundred dollars of assessable prop-
erty at a rate to be determined in the following manner; on or before
December 1, 1961, 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 of Baltimore City
the rate of State tax on each one hundred dollars of assessable prop-
erty necessary to produce revenue to meet all interest and principal,
if any, which will be payable to the close of the next ensuing [cal-
endar] taxable year on all bonds or certificates of indebtedness there-
tofore issued or theretofore authorized by resolution of the Board of
Public Works to be issued, under provisions of this section, and the
governing bodies of each of the counties and Baltimore City shall
forthwith levy and collect such tax at such rate.

Provided, however, that the levy or levies provided for in this
subsection shall not be made and the said tax or taxes shall not be
collected in any year if before [December] May 1 of the preceding
year or before [December] May 1 of any succeeding year thereafter,
the Board of Public Works shall ascertain as a fact upon a certified
statement rendered to such Board by the State Comptroller that all
payments of principal and interest due and payable in that preceding
year on the bonds or certificates of indebtedness issued pursuant to
this section have been paid and that funds sufficient to meet all pay-
ments of principal and interest due and payable on such bonds in
the said current year have been received and set aside for that
purpose in the Annuity Bond Fund, from the proceeds of the tax
imposed under provisions of Section 288 (f) of Article 81 of the Anno-
tated Code of Maryland (1957 Edition, as amended), or from the
payments into the Annuity Bond Fund by the Maryland Port Au-
thority required by Subsection (g) hereof. Upon the ascertainment
of such fact by the Board of Public Works, the Governor shall, by