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Session Laws, 1985
Volume 760, Page 1023   View pdf image
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HARRY HUGHES, Governor

1023

In subsections (a) and (b) of this section, the

introductory phrase "[e]xcept as provided in § 8-129

of this subtitle" is   added as a reference to the use
of unspent proceeds.

In subsection (a) of this section, the reference to a
"project or program" is substituted for the former
references to "purposes", to conform to § 8-126 of
this subtitle.

In subsection (b)(l)(ii) of this section, the word
"grave", which formerly modified the word "emergency",
is deleted, as surplusage.

The Commission to Revise the Annotated Code notes, for
consideration by the General Assembly, that the
reference, in former Art. 78A, § 5, to a "temporary
exception" seemed to refer to a period of time. The
General Assembly may wish to clarify that the former
reference, which is retained in subsection (b)(1)(ii)
of this section, refers to the scope of an object of
an expenditure.

Defined terms: "Board" § 8-101

"Enabling act" § 8-101 "State bond" § 8-101

8-128. TERMINATION OF AUTHORIZATION.

(A)  IN GENERAL.

IF, WITHIN 2 YEARS AFTER THE DATE OF AN AUTHORIZATION OF
STATE DEBT, NO PART OF THE PROJECT OR PROGRAM FOR WHICH THE
ENABLING ACT AUTHORIZED THE STATE DEBT IS UNDER CONTRACT AND THE
BOARD HAS NOT COMMITTED MONEY FOR ANY PART OF THE PROJECT OR
PROGRAM, THE AUTHORIZATION TERMINATES UNLESS:

(1)  THE ENABLING ACT PROVIDES OTHERWISE; OR

(2)  IN AN EMERGENCY, THE BOARD UNANIMOUSLY GRANTS A
TEMPORARY EXCEPTION.

(B)  ENFORCEMENT.

THE BOARD SHALL ENFORCE THE PROVISIONS OF THIS SECTION.

REVISOR'S NOTE: This section is new language derived
without substantive change from former Art. 78A, § 4
and, as they related to that section, §§ 5 and 6.

In the introductory language of subsection (a) of this
section, the references to "no part of the project or
program" and to "any part of the project or program"
are substituted for the former reference to "the
particular project", to reflect that, in practice,

 

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Session Laws, 1985
Volume 760, Page 1023   View pdf image
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