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5090
VETOES
part of the local government's matching fund may be
provided, either directly or indirectly, from funds of the
State, whether appropriated or unappropriated. No part of
the fund may consist of real property, in kind
contributions, or funds expended prior to the effective date
of this Act. In case of any dispute as to what money or
assets may qualify as matching funds, the Board of Public
Works shall determine the matter, and the Board's decision
is final. The local government has until June 1, 1984 to
present evidence satisfactory to the Board of Public Works
that the matching fund will be provided. If satisfactory
evidence is presented, the Board shall certify this fact to
the State Treasurer and the proceeds of the loan shall be
expended for the purposes provided in this Act. If this
evidence is not presented by June 1, 1984, the proceeds of
the loan shall be applied to the purposes authorized in
Article 78A, § 3 of the Code (1980 Replacement Volume and
1981 Supplement, as amended from time to time).
(5) There is hereby levied and imposed an annual State
tax on all assessable property in the State in rate and
amount sufficient to pay the principal and interest on the
bonds as and when due and until paid in full, such principal
to be discharged within fifteen years of the date of issue
of the bonds.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect June 1, 1982.
June 1, 1982
The Honorable James Clark, Jr.
President of the Senate
State House
Annapolis, Maryland 21404
Dear Mr. President:
In accordance with Article II, Section 17 of the
Maryland Constitution, I have today vetoed Senate Bill 517.
This bill authorizes the creation of a State Debt to be
used to provide funds to match federal grants awarded under
the Institutional Conservation Program for energy
conservation.
House Bill 812, which was passed by the General
Assembly and signed by me on June 1, 1982, accomplishes the
same purpose. Therefore it is not necessary for me to sign
Senate Bill 517.
Sincerely,
Harry Hughes
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