2290

LAWS OF MARYLAND

Ch. 376

(4)  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 of 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.

(5)  Prior to the payment of any funds under the provisions
of this Act for the purposes set forth in Section 1(3) above, the
Suburban Hospital Association shall provide at least an equal and
matching fund of $750,000 $500,000 $250,000. No part of an
applicant's matching fund may be provided, either directly or
indirectly, from funds of the State, whether appropriated or
unappropriated. The matching fund provided by the Suburban
Hospital Association may consist of funds borrowed through the
Maryland Health and Higher Educational Facilities Authority. No
part of the fund may consist of real property or in kind
contributions. The fund may consist of 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 Suburban Hospital Association has until June 1,
1987, 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, 1987, the proceeds of the loan shall be
applied to the purposes authorized in Article 78A, § 3 of the
Code.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect June 1, 1985.

Approved May 21, 1985.

CHAPTER 377

                                             (House Bill 881)

AN ACT concerning

Property Tax - Exemption

FOR the purpose of repealing a provision excepting facilities
used for the storage of waste from poultry from an exemption
to the State and county property tax for certain manure

banks and other facilities; and providing for the

application of this Act.

Property Tax - Poultry Waste Facilities