HARRY HUGHES, Governor                               4041

been actively engaged in such business since January 1,
1961, and who makes application to the commission on or
before December 31, 1961, and such person shall be granted a
license by the commission upon making application therefor
and paying the fee and filing the bond which may be required
by the commission.]

COMMITTEE NOTE: The last 3 sentences of former Article
67, § 3-13(a), which provided certain exemptions
for master plumbers and certain license
requirements for other persons, are deleted as
unnecessary and obsolete.

[(b) Any person, firm or corporation failing to comply
with the provisions of this section or violating the
regulations adopted hereunder by the commission shall be
guilty of a misdemeanor, punishable, as are other
misdemeanors under this article, as specified in section
18-7.]

COMMITTEE NOTE: Former Article 67, § 3-13(b) now
appears in Title 18 of this article.

TITLE 4. BONDS AND ANTICIPATION NOTES GENERALLY.

[4-1] 4-101. Authority to issue bonds; form; exemption for
taxation; signatures and seal; guaranty of payment; funds to
service bonds for buildings; audits.

(a) For the purpose of providing funds for the design,
construction, reconstruction, establishment, extension,
enlargement, purchase or condemnation of the water, sewerage
and drainage systems in the sanitary district, or in any
other areas where extension of any of the aforementioned
systems may be authorized by law, or for the construction,
remodeling, enlargement or replacement of any office or
operating building or buildings required for the
administration or operation of any of the systems, including
the acquisition of land or equipment, the [commission] WSSC
is authorized and empowered to issue bonds of the sanitary
district, from time to time, in such amounts as it may deem
necessary to carry on its work, but the aggregate amount of
bonds heretofore or hereafter issued under this section
which may be outstanding at any time, less the amount held
in the joint sinking fund account for the payment of the
principal of the bonds, shall not exceed [fourteen per
centum (]14[%)] PERCENT of the total assessable basis of all
property assessed for county taxation purposes within the
sanitary district; provided, however, that in computing the
amount of bonds which may be issued under this section,
there shall not be included any bonds heretofore or
hereafter issued for the payment of which the [commission]
WSSC is required by law to fix and collect water service
charges at least sufficient to pay the principal and
interest requirements of such bonds. Bonds hereafter issued