1166                               Laws of Maryland                          Ch. 526

with all other funds which may be received by the Department and
credited to the Transportation Trust Fund, as may be necessary to
maintain in such sinking fund a sum equal to the amount required
to pay the principal of and interest on the outstanding and unpaid
bonds which will become due and payable in the current and the next
succeeding calendar years.

(c)    The tax hereby imposed and the proceeds thereof are hereby
irrevocably pledged to the payment of the principal of and interest
on the bonds issued under this subheading as the same become due
and payable, and no portion of the tax or other funds applicable to
debt service thereon shall be repealed, diminished or applied to any
other subject PURPOSE until such bonds and the principal INTER-
EST thereon shall have become due and fully paid, or until adequate
and complete provision for such payment shall have been made.

(d)    The bonds issued under this subheading are not and shall
not be deemed to constitute a debt or a pledge of the faith and credit
of the State of Maryland, but shall be payable as to both principal
and interest solely from the proceeds of the tax and other revenues
levied, imposed, pledged or made available for such purpose.

10.    Termination of authority to issue bonds under certain other
laws.

Except with respect to the continuing authority of the Department
to issue and sell its "County Highway Construction Bonds—Second
Issue" under the provisions of Section 211G-1 of Article 89B of the
Code, the authority to issue and sell general or special obligation
bonds, notes or other evidences of indebtedness other than revenue
bonds, contained in Code Articles 62B (title "Maryland Port Author-
ity"), 64B (title "Maryland METROPOLITAN Transit District")
and Article 89B (title "State Roads"), shall continue after July 1,
1971, but shall be terminated upon completion of delivery of the first
issue and sale of Consolidated Transportation Bonds authorized under
this subheading, and this section shall constitute a covenant to that
effect between the State of Maryland and the holders of any Consoli-
dated Transportation Bonds issued under this subheading.

11.    Transportation Trust Fund.

(A) The Transportation Trust Fund is hereby created. On July
1, 1971, except for rentals, rates, fees, tolls or any other CHARGES
OR revenues pledged to secure revenue bonds of prior issues, except
for funds established pursuant to and provided for in Sections 150
through 179 of Article 66½ of this Code, and except for other funds
as are by law expressly applied to some other purpose or declared
exempt from the provisions of this section, there shall be transferred
to the credit of such Fund for the account of the Department all funds
theretofore held for the account of any of the agencies, administra-
tions, authorities, commissions, boards, instrumentalities and offices
of the State government either included within the Department of
Transportation or abolished under Article 41 of the Code. Thereafter,
except with respect to funds RENTALS, RATES, FEES, TOLLS OR
ANY OTHER CHARGES OR REVENUES pledged to secure revenue
bonds or revenue bonds of prior issues, funds established pursuant to
and provided for in Sections 150 through 179 of Article 66½ of this
Code, and other funds by law expressly applied to some other purpose