MARVIN MANDEL, Governor

3385

after giving at least [ twenty-one] 21 days' notice of
[such] THE hearing by publication in at least one
newspaper [[printed and]] published AND GENERALLY
CIRCULATED in Montgomery County and [[one newspaper]] TWO
NEWSPAPERS [[printed and]] published AND GENERALLY
CIRCULATED in Prince George's County[:].

(b)   Submission of Budgets; Content. The Commission
shall prepare and submit, on or before March 1 of each
year, to the County Executives of Montgomery and Prince
George's Counties, the capital and operating budgets for
the Commission, for the ensuing fiscal year together
with the record of [[ay]] ANY public hearing WHICH
[[WERE]] WAS HELD ON THEM. The Commission shall identify
the sources of revenue allocable to the various proposed
expenditures. The Commission shall propose a complete
schedule of rates for the water consumption and sewer
usage charges, and ad valorem tax levies it deems
necessary to finance the budgets. It shall also certify
the amounts necessary to be raised for the ensuing year
for the payments of interest and principal on all
outstanding bonds and notes of the Commission. BETWEEN
MARCH 1 AND APRIL 1 OF EACH YEAR, THE COMMISSION MAY
SUBMIT TO THE COUNTY EXECUTIVES OF MONTGOMERY AND PRINCE
GEORGE'S COUNTIES [[SUPPLEMENTARY]] AMENDATORY ITEMS TO
THE PROPOSED BUDGETS, TOGETHER WITH A DECLARATION OF NEED
IDENTIFYING THE SOURCES OF REVENUE ALLOCABLE TO THE
PROPOSED [[SUPPLEMENTARY]] AMENDATORY ITEMS.

(c)   The Role of County Executives. Each County
Executive shall transmit the proposed budgets to the
County Council of his County, together with
recommendations thereon, not later than March 15 of each
year. He shall also transmit the record of any public
hearing held by the Commission. IN THE CASE OF ANY
[[SUPPLEMENTARY]] AMENDATORY ITEMS TO THE PROPOSED
[[BUDGETS]] BUDGET SUBMITTED TO THE COUNTY EXECUTIVES BY
THE COMMISSION, AS SET FORTH IN SUBSECTION (B) OF THIS
SECTION, THE COUNTY EXECUTIVES, SHALL TRANSMIT THEM WITH
THEIR RECOMMENDATIONS TO THEIR RESPECTIVE COUNTY COUNCIL
WITHIN [[FIVE]] TEN DAYS AFTER THEY RECEIVE THEM.

(d)    The Role of the County Councils. Each County
Council may upon public notice, hold public hearing on
the proposed budgets of the Commission not earlier than
21 calendar days following receipt from the County
Executive. Thereafter, on or before June 1 of each year,
the County Councils shall approve the budgets and
transmit them to the Commission. The budgets may be
amended as hereinafter provided. Each County Council may
add to, delete from, increase, or decrease, an item of
either budget, and shall transmit by May 15, any proposed
changes to the other County Council for review and
concurrence. In the event of the failure of both Councils