166

LAWS OF MARYLAND

Ch. 22

REGULATION WHAT CONSTITUTES AN APPROVED PUBLIC SCHOOL
CONSTRUCTION OR CAPITAL IMPROVEMENT COST.

(2) THE COST OF ACQUIRING LAND MAY NOT BE
CONSIDERED A CONSTRUCTION OR CAPITAL IMPROVEMENT COST AND
MAY NOT BE PAID BY THE STATE.

(B)   STATE SHARE.

THE STATE SHALL PAY THE COSTS IN EXCESS OF AVAILABLE
FEDERAL FUNDS OF ALL PUBLIC SCHOOL CONSTRUCTION PROJECTS AND
PUBLIC SCHOOL CAPITAL IMPROVEMENTS IN EACH COUNTY IF:

(1)    THE PROJECTS OR IMPROVEMENTS HAVE BEEN
APPROVED BY THE BOARD OF PUBLIC WORKS; AND

(2)   CONTRACTS HAVE BEEN EXECUTED ON OR AFTER
JULY 1, 1971 FOR THE PROJECTS OR IMPROVEMENTS.

(C)    STATE REIMBURSEMENT TO COUNTIES FOR LOCAL DEBTS
FOR SCHOOL CONSTRUCTION INCURRED BEFORE JULY 1, 1967.

(1)   IN THIS SUBSECTION, "LOCAL DEBT FOR SCHOOL
CONSTRUCTION" INCLUDES ANY DEBT INCURRED AS THE RESULT OF
MONEY MADE AVAILABLE TO A COUNTY UNDER A BOND ISSUE THAT
OBLIGATES THE CREDIT OF THE STATE.

(2)      EXCEPT FOR GENERAL PUBLIC SCHOOL
CONSTRUCTION LOAN DEBT OUTSTANDING OR OBLIGATED AS OF JUNE
30, 1967 FOR WHICH REPAYMENT BY A COUNTY IS NO LONGER
REQUIRED, THE STATE SHALL REIMBURSE EACH COUNTY FOR THE FULL
COSTS OF PRINCIPAL AND INTEREST PAYMENTS ON ANY LOCAL DEBT
FOR SCHOOL CONSTRUCTION OUTSTANDING OR OBLIGATED AS OF JUNE
30, 1967.

(D)    DEBT SERVICE COSTS ON SCHOOL CONSTRUCTION
INDEBTEDNESS.

THE STATE SHALL PAY ALL OF THE ANNUAL COST OF DEBT
SERVICE ON SCHOOL CONSTRUCTION DEBT INCURRED BY EACH COUNTY
THAT WAS OUTSTANDING OR OBLIGATED ON OR AFTER JUNE 30, 1967
FOR CONTRACTS LET BEFORE JUNE 30, 1967.

(E)   RULES, REGULATIONS, AND PROCEDURES.

(1)   THE BOARD OF PUBLIC WORKS MAY ADOPT RULES,
REGULATIONS, AND PROCEDURES FOR THE ADMINISTRATION OF THE
PROGRAMS PROVIDED FOR BY SUBSECTIONS (B) AND (D) OF THIS
SECTION.

(2)     THE RULES, REGULATIONS, AND PROCEDURES
ADOPTED BY THE BOARD OF PUBLIC WORKS MAY CONTAIN
REQUIREMENTS FOR:

(I)   THE DEVELOPMENT AND SUBMISSION OF LONG RANGE
PLANS;

(II) THE SUBMISSION OF ANNUAL PLANS AND PLANS