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Session Laws, 1965
Volume 676, Page 1265   View pdf image (33K)
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J. MILLARD TAWES, Governor                     1265

Chapter 27 of the Acts of 1964
6.

Until all of the interest on and principals of any certificates issued
under this Act are paid in fill, 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 [Decem-
ber] May 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] taxable year on all certificates there-
tofore 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.

Chapter 117 of the Acts of 1964

7.

Until all of the interest on and principals 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 One Hundred Dollars ($100) of
assessable property at the rate to be determined in the following
manner: On or before December 1, 1964, and on or before [Decem-
ber] May 1st of 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 ($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 there-
tofore issued or theretofore authorized by resolution of the Board
of Public Works to be issued, and the governing bodies of each of
the counties, municipalities, and Baltimore City will forthwith levy
and collect such a tax at such a rate; provided, however, that the levy
or levies authorized and directed in this section shall not be made, and
said tax or taxes shall not be collected in any year, if, before [Janu-
ary] May 1, [1965] 1966, and before [the beginning] May 1 of each
year thereafter, the Board of Public Works shall ascertain as a fact
that all payments of principal and interest have been met during the
current year by payments from the reserve fund provided for in
Section 6 of this Act. Upon the ascertaining of such facts 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 provided for in this section shall not be
collected or levied in any such succeeding year.

Chapter 159 of the Acts of 1964
10.

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

 

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Session Laws, 1965
Volume 676, Page 1265   View pdf image (33K)
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