2196

LAWS OF MARYLAND

[Ch. 360

will be met during the ensuing taxable year from funds
appropriated by the General Assembly, as provided in
Section 6 of this Act. Upon, and to the extent of, such
determination by the Board of Public Works, the Governor
shall, by proclamation issued pursuant to a resolution of
the Board of Public Works, declare that the taxes
required by this section shall not be collected or levied
in any such ensuing taxable year.

SECTION 8. AND BE IT FURTHER ENACTED, That all
matters committed by this Act to the discretion of the
Board of Public Works shall be determined by a majority
of said Board.

SECTION 9. AND BE IT FURTHER ENACTED, That except
as otherwise indicated herein, moneys derived from the
sale of bonds authorized by this Act shall be used only
for capital improvements and for no other purposes. In
determining whether an expenditure represents a capital
improvement, the Board of Public Works shall be guided by
the principle that a capital improvement is an
improvement, the useful life of which shall be at least
equal to the life of the bonds by which it is financed.

SECTION 10. AND BE IT FURTHER ENACTED, That, if any
portion (word, sentence, paragraph, proviso or section)
of this act shall be held invalid for any reason, the
remaining provisions shall remain in full force and
effect, and such invalid portion shall be considered
severed and deleted from this Act.

SECTION 11. AND BE IT FURTHER ENACTED, That this Act
shall take effect June 1, 1975.

Approved April 22, 1975.

CHAPTER 361
(Senate Bill 813)

AN ACT concerning

Department of Economic and Community Development -
Consolidated Publications Account

FOR the purpose of establishing and providing generally