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Session Laws, 1966
Volume 678, Page 713   View pdf image (33K)
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J. MILLARD TAWES, Governor                      713

Sec. 5. And be it further enacted, That the actual cash proceeds
of the sale of the Certificates of Indebtedness to be issued under this
Act shall be paid to the Treasurer of the State upon the warrant of
the Comptroller and such proceeds shall be used exclusively for the
following purposes, to wit:

The Comptroller shall immediately upon the sale of and payment
for said certificates, first return to and credit the Treasury for a
sum equivalent to the amount expended as provided for in Section 4
of this Act; the remainder of the proceeds of said loan shall be
credited on the books of the State Treasury Department to be ex-
pended upon approval by the Board of Public Works for the con-
struction of jail facilities in Anne Arundel County.

Sec. 6. And be it further enacted, That 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 July 1, 1966 MAY 1, 1967, and on
or before MAY 1 OF each fiscal year thereafter, the Board of Pub-
lic 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
fiscal year on all certificates theretofore issued or theretofore au-
thorized by resolution 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.

Sec. 7. And be it further enacted, That this Act shall take effect
July 1, 1966.

Approved April 29, 1966.

CHAPTER 416
(House Bill 290)

AN ACT to propose an amendment to Section 52(8) of Article III
of the Constitution of Maryland, title "Legislative Department",
to change the time of consideration of supplemental appropriation
bills by the General Assembly of Maryland, and providing for the
submission of this amendment to the qualified voters of the State
of Maryland for their adoption or rejection.

Section 1. Be it enacted by the General Assembly of Maryland,
(three-fifths of all the members of each of the two houses concurring),
that the following Section 52(8) be and the same is hereby proposed
as an amendment to Article III of the Constitution of Maryland,
title "Legislative Department," the same, if adopted by the legal
and qualified voters of the State, as herewith provided, to become
a part of the Constitution of Maryland and to read as follows:

 

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Session Laws, 1966
Volume 678, Page 713   View pdf image (33K)   << PREVIOUS  NEXT >>


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