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Session Laws, 1975
Volume 716, Page 2482   View pdf image
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2482

LAWS OF MARYLAND

[Ch. 492

applied to debt service with respect to outstanding bonds
or other evidences of debt heretofore issued by such
county or any municipality within that county for
construction, reconstruction or maintenance of roads or
streets to the extent that gasoline tax revenues have
heretofore been lawfully dedicated, pledged or otherwise
committed to such debt service; it being the intent
thereof that any such dedication, pledge or commitment
remain unimpaired and continue as a charge against the
county's share of the five cent gasoline tax to the same
extent as it constituted a charge against any gasoline
tax revenues under prior laws. Without limitation of
the generality of the foregoing, the amounts heretofore
required to be paid each year under Chapter 317 of the
Acts of 1935 shall be deemed to be commitments hereunder
so long as any of the bonds therein referred to are
outstanding.

(2) The remainder of the county's share shall be
used solely TO FINANCE THE COST OF TRANSPORTATION
FACILITIES AS DEFINED IN SECTION 1 OF ARTICLE 94A, for
the construction, or maintenance of county roads, or for
debt service with respect to bonds or other evidences of
debt hereafter lawfully issued for such construction,
reconstruction, or maintenance by the county or by a
municipality within the county which is not receiving its
own share under subsection (e) of this section.

(e)    The State Treasurer, upon warrants of the
Comptroller, shall pay over the share of each
municipality which has made a request therefor under
subsection (b) hereof, at monthly intervals or at such
other appropriate times as may be reasonably requested,
as follows:

(1)   First, to the county commissioners of the
county within which the municipality lies, sufficient
amounts to reimburse the county's share for any funds
paid therefrom under subsection (d) (1) for debt service
on bonds or other evidences of debt heretofore issued by
the municipality.

(2)    The remainder of the municipality's share, to
or on the order of the proper officials thereof, to be
expended solely TO FINANCE THE COST OF TRANSPORTATION
FACILITIES AS DEFINED IN SECTION 1 OF ARTICLE 94A, for
the construction, reconstruction or maintenance of roads
or streets, or for debt service with respect to bonds or
other evidences of debt which may hereafter be lawfully
issued by the municipality for such construction,
reconstruction or maintenance.

(f)    No distribution as provided in this section
shall be made to any county or municipality, however,

 

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Session Laws, 1975
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