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Session Laws, 1975
Volume 716, Page 2486   View pdf image
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2486

LAWS OF MARYLAND

[Ch. 492

annual levy on its taxable basis in rate and amount
sufficient to provide a sum equivalent to the amount to
be withheld by the State Comptroller, as provided in
subparagraph (iii) above, in which event the State
Comptroller shall not withhold any more of said highway
user revenues of said county than may be necessary to
assure payment of the principal and interest of said
bonds in the current and next succeeding fiscal year;

(v) The State Comptroller shall at regular
intervals pay from said sinking fund to the Department
amounts sufficient for the payment of the principal and
interest of said bonds.

(c) Notwithstanding the provisions of said § 34 of
this article for the distribution of the share of highway
user revenues among the counties and municipalities of
the State, the State Comptroller is hereby further
authorized and empowered to withhold an amount sufficient
to make up the debt service on any bonds issued in
accordance with an agreement of the type above described
from the share of the highway user revenues payable to
municipalities within any county, party to such
agreement, in the event, in any fiscal year, the said
county shall fail to levy the tax provided for in said
agreement and said county's share of the highway user
revenues shall be insufficient to meet the debt service
payment in said year.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect [[July 1, 1975]] January 1. 1976.

Approved April 22, 1975.

CHAPTER 493
(House Bill 1378)

AN ACT concerning

Scenic Rivers

FOR the purpose of increasing the membership of the
Scenic Rivers Review Board[[; and providing for
certain exemptions in scenic river flow for small
ponds and agricultural drainage in watersheds with
less than a certain number of acres]].

BY repealing and re—enacting, with amendments,

 

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Session Laws, 1975
Volume 716, Page 2486   View pdf image
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