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97
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MARVIN MANDEL, Governor
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The last sentence of present §211G—1(a), which
emphasizes that these bonds are not to be
included in determining the aggregate amounts
of State highway bonds issuable by the old
State Roads Commission, is deleted. With the
creation of Consolidated Transportation Bonds,
confusion as to the nature of County
Transportation Bonds no longer exists. It is
clear that the latter are not Consolidated
Transportation Bonds.
The only other changes are in style.
3-304. PARTICIPATION OF COUNTIES.
(A) COUNTIES MAY PARTICIPATE.
ANY COUNTY IN THIS STATE MAY PARTICIPATE IN THE
PROCEEDS OF THE SALE OF BONDS ISSUED UNDER THIS SUBTITLE.
(B) NOTICE BY COUNTY.
ON OR BEFORE APRIL 1 OF EACH YEAR, A COUNTY THAT
DESIRES TO PARTICIPATE SHALL NOTIFY THE DEPARTMENT OF:
(1) ITS DESIRE TO PARTICIPATE IN THE PROCEEDS
OF A SERIES OF BONDS TO BE ISSUED IN THE NEXT FISCAL
YEAR; AND
(2) THE PROPOSED AMOUNT OF ITS
PARTICIPATION.
REVISOR'S NOTE: Subsection (a) of this section
presently appears as the last phrase of Art.
89B, §21lG-1(a). Subsection (b) of this
section presently appears as Art. 89B,
§211G-1(b)(1).
The introductory language of present
subsection (b) is deleted as unnecessary in
light of §3-303 (a) of this title.
The only other changes are in style.
3-305. DETERMINATION OF AMOUNT; SUBSEQUENT PROCEDURE.
(A) INITIAL DETERMINATION.
AFTER NOTIFICATION BY THE COUNTY, THE DEPARTMENT
SHALL DETERMINE THE TOTAL PROCEEDS OF THE HIGHWAY USER
REVENUES ALLOCABLE TO THE COUNTY UNDER TITLE 8, SUBTITLE
4 OF THIS ARTICLE, EXCLUSIVE OF ANY AMOUNTS DISTRIBUTED
TO ANY MUNICIPALITIES IN THE COUNTY.
(B) DETERMINATION OF MAXIMUM ALLOWABLE AMOUNT.
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THE DEPARTMENT NEXT SHALL DETERMINE THE TOTAL
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![clear space](../../../images/clear.gif) |