644                             LAWS OF MARYLAND                     [CH. 197

amount equal to the difference between (1) the same fractional part
of [twenty-five cents (25˘)] fifty cents (50˘) multiplied by the
population in each county or the City of Baltimore as defined in
subsection (c) of this section, and (2) the amount realized from
the levy of the fractional part of one-half cent (˝˘) as set forth
in the subsection (b) of this section.

(f) Participation in fund; calculating fund payments—Not-
withstanding any other provision of this section to the contrary,
each of the counties and the City of Baltimore shall participate in
the Public Library Incentive Fund created by this section if it ex-
pends funds previously accumulated from sources permissible under
subsection (b) of this section for the purposes specified in sub-
section (a) of this section. The Public Library Incentive Fund to
be included in the State budget and paid to the board of county
commissioners, county council, or the mayor and city council of
Baltimore under this subsection shall be calculated as follows:
(i) the amount actually expended by the counties or city under this
subsection shall be divided by the sum of [twenty-five cents (25˘)]
fifty cents (50˘) multiplied by the population in said county or city,
the quotient being deemed to be the number of years of accumula-
tion of the funds so expended; (ii) if the quotient contains a fraction,
it shall be rounded off to the nearest whole number; (iii) for the num-
ber of years equal to the said quotient, as rounded off, commencing
with the year in which the total actual expenditure was made, there
shall be paid to the board of county commissioners, county council
or the mayor and city council of Baltimore, in each of said years,
an amount determined in accordance with the formula provided in
subsection (c) of this section.

Sec. 2. And be it further enacted, That this Act shall take effect
July 1, 1969 1970.

Approved April 23, 1969.

CHAPTER 197

(Senate Bill 401)

AN ACT to authorize the creation of a State debt, in the aggregate
amount of two million, five hundred seventy thousand dollars
($2,570,000), for the purpose of aiding the Maryland School for
the Blind in the construction of certain facilities, including utili-
ties, site improvements, fees, and capital equipment, subject to a
certain contingent requirement upon the Maryland School for the
Blind, and providing generally for the issuance and sale of Cer-
tificates of Indebtedness evidencing such loan.

Section 1. Be it enacted by the General Assembly of Maryland,
That the Board of Public Works is hereby authorized and directed
to issue a State Loan, to be known as the "Maryland School for the
Blind Loan of 1969," in the aggregate amount of two million, five
hundred seventy thousand dollars ($2,570,000).

The certificates evidencing said loan may be issued all at one
time, or, in groups, from time to time, as hereinaft