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Session Laws, 1965
Volume 676, Page 1262   View pdf image (33K)
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1262                            LAWS OF MARYLAND                      [CH. 793

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 542 of the Acts of 1963
7.

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, 1963, 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
resolution of the Board of Public Works to be issued and the govern-
ing 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 section shall not be made and the
said tax or taxes shall not be collected in any year if before January
1, 1964, and before the beginning of each 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 payment
of principal and interest on the certificates issued pursuant to the
terms of this Act have been met during the current year from the
payments received from each of the counties and the City of Balti-
more, as more particularly provided in Section 5 of this Act. Upon
the ascertainment of such fact by the Board of Public Works, the
Governor shall, by proclamation issued pursuant to a resolution of
the Board of Public Works, publicly declare that the State taxes pro-
vided for in this section shall not be collected or levied in any such
succeeding year.

Chapter 545 of the Acts of 1963
7.

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, 1963, and on or before [December] May 1 of 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
resolution of the Board of Public Works to be issued, and the govern-
ing bodies of each of the Counties and Baltimore City shall forth-
with levy and collect such tax at such rate.

 

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Session Laws, 1965
Volume 676, Page 1262   View pdf image (33K)
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