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Session Laws, 2006
Volume 750, Page 3845   View pdf image
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ROBERT L. EHRLICH, JR., Governor                         H.B. 1345 (2) Notwithstanding any other provision of law, for fiscal year 1984 only,
$20,000,000 of the funds in the Transportation Trust Fund which are not required by
law to be distributed to the counties or Baltimore City and which have not been
pledged or otherwise committed to the payment of or as security for the payment of
any bonds or debt issued or incurred pursuant to this article shall be transferred and
credited to the general funds of the State on or before June 30, 1984 and shall be
available for appropriation from the general funds in fiscal year 1984.
SUBTITLE 4. MASS TRANSIT ACCOUNT. 3-401. (A) THERE IS A MASS TRANSIT ACCOUNT IN THE TRANSPORTATION TRUST
FUND.
(B) ALL REVENUES DISTRIBUTED TO THE TRANSPORTATION TRUST FUND
UNDER § 2-1302.2 OF THE TAX
GENERAL ARTICLE SHALL BE CREDITED TO THE
MASS TRANSIT ACCOUNT.
(C) FUNDS FROM THE MASS TRANSIT ACCOUNT MAY ONLY BE USED TO FUND: (1) CAPITAL AND OPERATING EXPENSES OF THE WASHINGTON
METROPOLITAN AREA TRANSIT AUTHORITY (WMATA), INCLUDING ADDITIONAL
FUNDING FOR THE MAINTENANCE AND IMPROVEMENT OF THE TRANSPORTATION
SYSTEM OF WMATA CONSISTENT WITH:
(I) LEGISLATION ENACTED BY CONGRESS PROVIDING ADDITIONAL
FEDERAL GRANTS TO WMATA FOR THE MAINTENANCE AND IMPROVEMENT OF THE
TRANSPORTATION SYSTEM; AND
(II) LEGISLATION PASSED BY THE COUNCIL OF THE DISTRICT OF
COLUMBIA AND THE VIRGINIA GENERAL ASSEMBLY DEDICATING REVENUES FOR
THE SAME PURPOSE;
(2) CAPITAL AND OPERATING EXPENSES OF THE MARYLAND TRANSIT
ADMINISTRATION; AND
(3) GRANTS TO LOCAL JURISDICTIONS FOR MASS TRANSIT CAPITAL AND
OPERATING EXPENSES.
(D) (1) THIS SECTION MAY NOT BE CONSTRUED TO REQUIRE THAT THE
MASS TRANSIT ACCOUNT BE THE SOLE SOURCE OF FUNDING FOR THE CAPITAL AND
OPERATING EXPENSES OF THE MARYLAND TRANSIT ADMINISTRATION, THE CAPITAL
AND OPERATING EXPENSES OF WMATA, OR LOCAL GRANTS TO LOCAL JURISDICTIONS
FOR MASS TRANSIT CAPITAL AND OPERATING EXPENSES.
(2) THE REVENUES CREDITED TO THE MASS TRANSIT ACCOUNT UNDER
THIS
SECTION ARE IN ADDITION TO AND MAY NOT SUPPLANT ANY FUNDS WITHIN
THE TRANSPORTATION TRUST FUND NECESSARY TO PAY THE PROJECTED MASS
TRANSIT OPERATING AND CAPITAL COSTS IDENTIFIED IN THE DEPARTMENT'S
APPROVED CONSOLIDATED TRANSPORTATION PROGRAM FOR FISCAL YEARS 2006
THROUGH 2011.
- 3845 -


 
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Session Laws, 2006
Volume 750, Page 3845   View pdf image
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