BLAIR LEE III, Acting Governor

2685

the ad valorem property tax levied by Section 7 of the Act,
as amended; and

WHEREAS, Question has been raised as to whether,
considering the decisions of the Court of Appeals of
Maryland in Panltz v. Comptroller, 247 Md. 501 (1967), and
Balensen v. Maryland Airport Authority, 253 Md. 490 (1969),
the General Assembly of Maryland can make the annual
appropriations intended to be made under the Act without in
the same bill expressly providing for the collection of an
annual tax or taxes sufficient to cover the debt service on
the bonds which will be sold under the Act of fund these
appropriations; and

WHEREAS, The General Assembly wishes to resolve any
such question by repealing the tax provisions of the Act,
being Sections 6 and 7 thereof, as amended by Chapter 4 of
the Acts of the Special Session of December 16, 1969, and as
repealed and reenacted without change by Chapter 702 of the
Acts of 1970, Chapter 730 of the Acts of 1971, Chapter 353
of the Acts of 1972, Chapter 481 of the Acts of 1973,
Chapter 632 of the Acts of 1974, Chapter 564 of the Acts of
1975, Chapter 719 of the Acts of 1976, and Chapter 647 of
the Acts of 1977, and Chapter 781 of the Acts of 1977, and
by reenacting those provisions without change and by adding
new Section 11M to the Act, which allocates funds for the
fiscal year 1979.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That chapter(s) of the Acts of the General
Assembly be repealed, amended, or enacted to read as
follows:

Chapter 403 of the Acts of 1969
(as last amended by Chapter 781
of the Laws of Maryland of 1977)

That for the primary source of payment of the principal
of and the interest on the bonds or Certificates of
Indebtedness issued under the provisions of this Act as the
same become due and payable, there shall be and is hereby
laid an annual tax which shall consist of such amounts as
may be necessary of the proceeds of the tax on written
instruments, imposed pursuant to the provisions of Section
278A of Article 81 of the Annotated Code of Maryland as set
forth in Section 10 of this Act.

That, in addition, and as the secondary source of
payment, there shall be and is hereby levied and imposed an
annual State tax on each one hundred dollars of assessable
property at a rate to be determined in the following manner:
on or before May 1, 1970, and on or before May 1 in each
year thereafter, the Board of Public Works shall certify to

6.

7.