MONTGOMERY COUNTY                                       3709

taxable value of real property on the date of
recognition; to define certain words and phrases used

in this Act; to provide for procedures for the

administration and payment of this tax; and to provide
for certain exemptions from this tax.

Approved June 22, 1977.

PRINCE GEORGE'S COUNTY

Bill No. CB-9-1977
Chapter No. 13

AN EMERGENCY BILL ENTITLED

AN EMERGENCY ACT to amend the Prince George's County Code
pursuant to Section 818 of the Prince George's County
Charter in order to provide a means for interfund cash
borrowings of bond proceeds from existing bonds or loan
funds, not to exceed Fifteen Million Dollars
($15,000,000.00) at any one time, as authorized by
Section 818 of the Prince George's County Charter, in
order to meet temporary cash requirements for the
initial phases of planning or construction, or both, of
capital projects of Prince George's County for which
general obligation bonds of Prince George's County have
been duly authorized for sale, and describing the said
emergency in clear and certain terms. [New Sections
2-112.3 through 2-112.5 are hereby added to the Prince
George's County Code — Editor].

Approved May 10, 1977.

Bill No. CB-16-1977
Chapter No. 39

A BILL ENTITLED

AN ACT to amend Section 10-145.3 of subtitle 10, titled
"Finance and Taxation," of the Prince George's County Code,
1975 Edition, as enacted by CB-166-1975 (Chapter 114, Laws
of Prince George's County, 1975) to require that the Prince
George's County, Maryland, Employees' Federal Credit Union
reimburse the County for the cost of furniture, supplies,
and services, and compensation paid by the County to Credit
Union employees.

Approved August 4, 1977.