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593
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MARVIN MANDEL, Governor
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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] ARTICLE 89B OF THE ANNOTATED CODE OF
MARYLAND (1957 EDITION, AS AMENDED) 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.
REVISOR'S NOTE: Although this section has been
incorporated into the Transportation Article
as Title 3, Subtitle 3, and all future County
Transportation Bonds, First Issue, will be
issued under that subtitle, certain revisions
have been made in the language of that
subtitle as well as in the required form,
tenor, and manner of issuance of County
Transportation Bonds (see, e.g., §3-303 (a) of
the Transportation Article and its revisor's
note). Therefore, as to County Transportation
Bonds issued before the effective date of that
Article, July 1, 1977, it is considered
advisable to retain this section, in basically
unrevised, decodified form, until such time as
these bonds have been redeemed.
As to Art. 89B, §211G-1, as effective through
December 31, 1975, see page 172 of the 1975
Cumulative Supplement to Volume 8A of the 1957
Code; the provisions of that section relate to
County Highway Construction Bonds.
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SECTION 6. AND BE IT FURTHER ENACTED, That new
Section 50A, to be under the existing subtitle "Bridges",
be and it is hereby added to Article 25 — County
Commissioners, of the Annotated Code of Maryland (1973
Replacement Volume and 1976 Supplement), to read as
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