MARVIN MANDEL, Governor                           3015

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[[, if]]
any funds provided by this Act which shall not have been
encumbered within three (3) years from the effective date
of this Act[[, then such funds]] shall be deemed to have
been abandoned. [[If the total]] To the extent that the
loan authorized herein shall have been issued within
three (3) years from the effective date of this Act then
the amount specified herein for [[said]] any such
abandoned funds shall be transferred to the Annuity Bond
Fund and be applied to the debt service requirements of
the State, [[If, however, the total]] To the extent the
loan authorized herein shall not have been issued within
three (3) years from the effective date of this Act, then
the total [[issuable]] bonds authorized herein, but not
yet issued, shall be reduced by the amount specified
herein for [[said]] any such abandoned funds. For the
purposes of this Act, funds are encumbered when a project
is approved for a grant under this program for a specific
amount by actions of the Board of Public Works.

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 May 15, 1975.

CHAPTER 657
(House Bill 181)

AN ACT concerning

Workmen's Compensation — Licenses and Permits