SPIRO T. AGNEW, Governor                      1489

EFFECT AS IN THE Standard salary scales in ef-

FECT ON JANUARY 1, 1967; PROVIDED THAT THE COM-

PENSATION IN EACH RESPECTIVE CLASSIFICATION FROM

AND AFTER JULY 1, 1967 SHALL BE AT LEAST TEN PER-

CENTUM (10%) GREATER THAN IMMEDIATELY PRIOR

THERETO.             

237.

(D-1) ON AND AFTER JULY 1, 1967, THE CLASSIFICATIONS

and pay scales of the several positions referred

TO IN THIS SECTION SHALL BE IN THE SAME RELATIVE

POSITION IN THE STANDARD SALARY SCALE THEN IN

EFFECT AS IN THE STANDARD SALARY SCALES IN

EFFECT ON JANUARY 1, 1967; PROVIDED THAT THE COM-
PENSATION IN EACH RESPECTIVE CLASSIFICATION FROM
AND AFTER JULY 1, 1967, SHALL BE AT LEAST TEN PER-
CENTUM (10%) GREATER THAN IMMEDIATELY PRIOR
THERETO.

Sec. 2. And be it further enacted, That this Act shall take effect
July 1, 1967.

Approved May 4, 1967.

CHAPTER 693
(Senate Bill 563)

AN ACT to add ten new sections to Article 77 of the Annotated Code
of Maryland (1965 Replacement Volume), title "Public Education",
subtitle Chapter 25. Miscellaneous", said new sections to be
known as Sections 248L to 248U, inclusive, of said Article and
to follow immediately after Section 248K of said Article, author-
izing the Board of Trustees of St. Mary's College of Maryland
to construct, equip, maintain and operate two buildings to provide
certain additional housing facilities, living accommodations, and
facilities, including recreational and eating facilities, authorizing
the said Board of Trustees to impose fees, rents and charges for
the use thereof, and authorizing the said Board of Trustees to
issue revenue bonds to pay the cost of all or any part of such
project or projects, the principal thereof and the interest thereon
to be payable solely from the fees, rents and charges for the use
of the facilities provided by the buildings constructed with the
proceeds of said bonds except for interest prior to, during and
for one year after completion of construction, providing that
interest during such period may be paid out of bonds proceeds
and/or out of such other moneys as may be allocated for such
purpose, and providing that the said bonds in no way be the debt
or obligation of the State of Maryland or any subdivision thereof,
except said Board of Trustees, and exempting said bonds from
taxation, and relating generally to additional housing facilities
and the issuance of revenue bonds to pay the cost of all or any
part of the same.