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Session Laws, 1968
Volume 683, Page 722   View pdf image
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722                               LAWS OF MARYLAND                         CH. 447

revenues, hereinafter defined, are in conflict with the provisions of
this section, it is hereby declared to be the legislative intent that
such inconsistency is only to the extent required to preserve pledges
of revenues for the amortization of State Highway Construction
Bonds and County Highway Construction Bonds heretofore author-
ized. Subject to the foregoing, all highway user revenues, as herein-
after defined in this section, shall be allocated as follows: A 20%
share of the total highway user revenues shall be distributed
monthly to the Mayor and City Council of Baltimore to be used for
the purposes set forth in Section 33 of this Article. And 20% of
the total highway user revenues after providing individual county
Sinking Fund requirements for County Highway Construction Bonds
shall be distributed upon warrants of the State Roads Commission,
to the several counties and municipalities of the State in accordance
with the provisions of Section 34 of Article 89B as amended. Pro-
vided, however, that the total share so allocated to any county shall
not be less than the dollar amount allocated to such individual county
from highway user revenue sources in the fiscal year immediately
preceding the effective date of this section. In order to permit time
within which a subdivision may adjust its budgetary position with
respect to the inclusion of "In Lieu" funds in the highway user
fund distributions, a subdivision shall be permitted to use from its
highway user fund distribution for general fund purposes a sum
not in excess of its previous fiscal year allotment of "In Lieu" funds.
This provision to apply for a period of one year from the effective
date of this Act, after which for a period of four years a subdivision
shall be permitted to use from its highway user fund distributions
for general fund purposes in any fiscal year either (1) $75,000 or (2)
an amount equal to its share of the "In Lieu" fees for the fiscal
year immediately preceding the effective date of the new formula,
whichever is less. The remaining 60% of the highway user revenues
after providing Sinking Fund requirements for all State Highway
Construction Bonds shall be credited by the State Comptroller for
the account of the State Roads Commission in a fund to be desig-
nated as "State Roads Commission Construction and Maintenance
Fund" hereby created. Such fund shall include but not be limited to
receipts from highway user revenues.

Provided, however, that no such distribution shall be made to said
Mayor and City Council of Baltimore unless it shall have levied, in
its current fiscal year, taxes sufficient to collect a minimum of one
dollar per capita in revenue and unless it shall have certified a copy
of said levy to the State Comptroller; and provided further, that
any monies, otherwise distributable under this section, which shall
not be distributed at the close of the fiscal year of the Mayor and
City Council of Baltimore because of failure of said Mayor and City
Council to make such levy or certification, shall revert to the Gaso-
line Tax Fund, to be paid over separately to the State Roads Com-
mission, for use by the Commission with the other monies received
from the Gasoline Tax Fund. Per capita revenue shall be computed
for purposes of this section by using the population figures furnished
by the latest federal census or by an official local census, whichever
is latest.

(c) Definitions.

As used herein "highway user revenues" include motor vehicle
gasoline tax, motor vehicle titling tax, motor vehicle registration


 

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Session Laws, 1968
Volume 683, Page 722   View pdf image
 Jump to  
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