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Session Laws, 2006
Volume 750, Page 3008   View pdf image
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S.B. 323                                                 VETOES
FOR the purpose of clarifying the membership of the Maryland Food Center
Authority; clarifying that the ex officio members of the Authority are voting
members; authorizing ex officio Authority members to name designees to vote in
their absence; providing that at the end of a term an Authority member serves
until a successor is appointed and qualifies; repealing certain provisions of law
establishing an advisory council to the Authority; providing for the issuance of
federally taxable or tax-exempt bonds; repealing certain provisions of law
limiting the value of certain revenue bonds that the Authority may issue;
clarifying that the sale of bonds may be competitive or negotiated; authorizing
the deposit of certain revenues into certain funds or reserves; authorizing the
use of moneys received from certain revenue bonds revenues for the operation,
improvement, maintenance, and protection of developments or projects from
which certain revenue bond payments are derived
; repealing certain provisions
of law authorizing the Authority to ensure that a development or project be
constructed and paid for under certain supervision and with certain approval;
repealing certain provisions of law authorizing that security given by a
contractor or a depositary of certain proceeds, revenues, or other money be
satisfactory to certain persons; repealing certain other obsolete provisions
concerning bonds of the Authority; making stylistic changes; and generally
relating to the Maryland Food Center Authority. BY repealing Article 41 — Governor - Executive and Administrative Departments Section 13-103(b) and 13-107 Annotated Code of Maryland (2003 Replacement Volume and 2005 Supplement) BY adding to Article 41 — Governor — Executive and Administrative Departments Section 13-103(b) Annotated Code of Maryland (2003 Replacement Volume and 2005 Supplement) BY repealing and reenacting, with amendments, Article 41 - Governor - Executive and Administrative Departments Section 13-111 Annotated Code of Maryland (2003 Replacement Volume and 2005 Supplement) SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows: Article 41 - Governor - Executive and Administrative Departments 13-103. [(b) The Authority consists of 12 members, all of whom shall be citizens of the
State, one of whom shall be a resident of Howard County. The Director of Agricultural
- 3008 -


 
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Session Laws, 2006
Volume 750, Page 3008   View pdf image
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