MARVIN MANDEL, Governor                                   1609

purposes, to wit:

(1)    The Comptroller, immediately upon the
sale of and payment for said bonds, first, shall return
to and credit the Treasury for a sum equivalent to the
amount expended under Section 4 of this Act.

(2)    The remainder of the proceeds of such
loan shall be credited on the books of the State
Comptroller, to be made part of the "Provident Hospital
Loan of 1974", to be expended by the State, upon approval
by the Board of Public Works as follows:

[[(A) A sum up to Four Hundred Thousand Dollars
($4 00,000) shall be made available, to be placed in trust
under the supervision of the Circuit Court of Baltimore
City, for the purpose of compromising and paying existing
debts of Provident Hospital, Inc. in constructing,
equipping and operating the facilities of Provident
Hospital.

(B) A sum up to Six Hundred Thousand Dollars
($600,000) shall be made available to meet necessary
operating expenses of Provident Hospital, Inc. pursuant
to a Plan of Reorganization approved by the Circuit Court
of Baltimore City.]]

(A)    A sum of Four Hundred Thousand Dollars
($400,000) shall be placed immediately in trust as a lamp
sum grant under the supervision of the Circuit Court of
Baltimore City, for the purpose of buying and paying
unsecured debts of Provident Hospital, Inc. existing on
April 27, 1973 which were incurred in constructing,
equipping and operating the facilities of Provident
Hospital in accordance with a Plan of reorganization
approved by the Circuit court of Baltimore City.

(B)    The balance of up to Six Hundred Thousand
Dollars ($600,000) shall be made available as a lump sum
grant to meet necessary operating expenses of Provident
Hospital, Inc. incurred on or after July 1, 1973 pursuant
to a Plan of reorganization approved by the Circuit Court
of Baltimore City.

SECTION 6. AND BE IT FURTHER ENACTED,, That all
funds which may be appropriated at any time or from time
to time by the General Assembly in any [[Annual]] annual
State Budget Bill for the payment of principal and
interest on bonds issued pursuant to this Act shall be
deposited in the Annuity Bond Fund by the State
Comptroller to be applied to the payment of principal and
interest on bonds issued pursuant to this Act.