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Session Laws, 1980
Volume 739, Page 1164   View pdf image
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1164

LAWS OF MARYLAND

Ch. 307

shall not revert to the general treasury, but may be
expended, for capital purposes only subsequent to the fiscal
year for which the same was appropriated, with the approval
of the Board of Public Works, and shall be carried in a
capital account until so expended or until reappropriated to
the same or some other purpose by subsequent legislative
action.]

Article 78A - Public Works

3.

[All unexpended funds remaining from completed projects
authorized under general obligation loan enabling acts shall
be applied to reduce the outstanding bonded indebtedness of
the State within one year after the date of the final
acceptance of a project.]

WITHIN 1 YEAR AFTER THE ACCEPTANCE, COMPLETION OR
ABANDONMENT OF A PROJECT OR PROGRAM FINANCED BY A GENERAL
OBLIGATION LOAN ENABLING ACT, ALL UNEXPENDED PROCEEDS FROM
THE ACT SHALL BE APPLIED BY THE GOVERNOR, WITH THE APPROVAL
OF THE BOARD OF PUBLIC WORKS, TO EITHER OF THE FOLLOWING
PURPOSES:

(1)  REDUCTION OF THE AUTHORIZATIONS TO FINANCE
PROJECTS OR PROGRAMS PURSUANT TO THE PROCEDURES ESTABLISHED
BY §§ 3A(B) AND (C) OF THIS ARTICLE; OR

(2)  DEPOSIT IN THE BOND ANNUITY FUND FOR THE
PURPOSE OF PAYING THE OUTSTANDING BONDED INDEBTEDNESS OF THE
STATE.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect June 1, 1980.

Approved May 6, 1980.

CHAPTER 308

(Senate Bill 349)

AN ACT concerning

Office of the Governor - Services to the Handicapped

FOR the purpose of amending the term of office of the Office
for the Coordination of Services to the Handicapped and
the State Advisory Council for the Coordination of
Services to the Handicapped.

BY repealing and reenacting, with amendments,

 

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Session Laws, 1980
Volume 739, Page 1164   View pdf image
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