2434
LAWS OF MARYLAND
Ch. 837
the proceeds of the loan the proceeds of the loan shall be
expended in accordance with the provisions of this Act. If
satisfactory evidence of the raising of at least an equal
and matching fund for this project is not presented to the
Board of Public Works on or before June 1, 1981, the
proceeds of the loan shall be transferred to the Annuity
Bond Fund and applied to the debt service requirements of
the State.
(6) If any funds provided by this Act are not
encumbered within three years from the effective date of
this Act, the funds shall be deemed abandoned. If the total
loan authorized by this Act has been issued within three
years from the effective date of this Act, the amount
specified in this Act for the abandoned funds shall be
transferred to the Annuity Bond Fund and applied to the debt
service requirements of the State. If, however, the total
loan authorized by this Act has not been issued within three
years from the effective date of this Act, the total
issuable bonds authorized by this Act shall be reduced by
the amount specified in this Act for 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 action of the Board of Public Works.
(7) No portion of the proceeds of the loan or any of
the matching funds may be used for the furtherance of
sectarian religious instruction, or in connection with the
design, acquisition, or construction of any building used or
to be used as a place of sectarian religious worship or used
or to be used as a place for sectarian religious
instruction, or in connection with any part of any program
or department of divinity for any religious denomination.
Upon the request of the Board of Public Works, Mt. St.
Mary's College shall submit evidence satisfactory to the
Board that none of the proceeds of this loan or any of the
matching funds have been or are being used for a purpose
prohibited by this Act.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect June 1, 1978.
Approved May 29, 1978.
CHAPTER 838
(Senate Bill 942)
AN ACT concerning
Natural Resources - Environmental Standing Act
FOR the purpose of providing certain rights to maintain
actions in courts of competent jurisdiction for
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