Marvin Mandel, Governor                        1129

cate any aid received under the provisions of Section 90 of Article
66½.

[(c)] (d) Increase in amount of State share of current expenses
in certain circumstances.—In the event that for any county or Balti-
more City for the school year 1967-68, the sum of:

(1)    The total cost of the current expense program to be shared
by the State under Section 128 of this article, and

(2)    The local appropriation for the school year 1966-67 for other
current expenses in excess of $71 per pupil enrolled and an additional
$30 for each additional pupil in excess of the number enrolled on
September 30, 1965 is more than the sum of:

(3)    The total State aid for current expenses as provided under
Section 128 of this article, and

(4)    The product of the local rate of levy for 1966-67 and the sum
of the adjusted assessed valuation of real property and the net taxa-
ble income as defined under Section 128(a) of this article for the
school year 1967-68, the amount of the State share of current ex-
penses shall be increased by this difference.

(e) (D) For each school year thereafter for each county eligible for
such additional payment, the amount of such additional payment shall
be reduced by the product of the amount by which the local rate of
levy for 1966-67 is in excess of 1.228 percent and the amount of any
increase in the sum of the adjusted assessed valuation of real prop-
erty and the net taxable income as defined under Section 128 (a)
of this article for such school year.

(f) (E) For purposes of this section the local rate of levy for
1966-67 is determined by dividing the total appropriation for current
expenses for the school year 1966-67 by the sum of the adjusted
assessed valuation of real property and the net taxable income as de-
fined under Section 128(a) of this article for the school year 1966-67.

Sec. 2. And be it further enacted, That this Act shall take effect
July 1, 1971.

Approved May 17, 1971.

CHAPTER 504
(House Bill 128)

AN ACT to add new Sections 29AB and 29BC to Article 96A of the
Annotated Code of Maryland (1964 Replacement Volume and 1970
Supplement), title "Water Resources," subtitle "Pollution Abate-
ment," to follow immediately after Sections 29A and 29B thereof;
and to repeal and re-enact, with amendments, Section 29B of Article
96A of the Annotated Code of Maryland (1964 Replacement Volume
and 1970 Supplement), title "Water Resources," subtitle "Pollution
Abatement," providing for the posting, and forfeiture, on certain
conditions, of a bond by any vessel in or entering upon the waters
of the State for the purposes of discharging or receiving a cargo