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Session Laws, 1987
Volume 769, Page 1362   View pdf image
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Ch. 303

LAWS OF MARYLAND

(2)  SUBJECT TO PARAGRAPH (4) OF THIS SUBSECTION, THE
BALANCE OF THE REVENUE IN THE SPECIAL FUND, NOT REQUIRED UNDER
PARAGRAPH (1) OF THIS SUBSECTION, SHALL BE ALLOCATED AS FOLLOWS:

(I) $29,000,000 FOR THE FISCAL YEAR COMMENCING
JULY 1,1987, AND $32,000,000 FOR THE FISCAL YEAR COMMENCING JULY
1, 1988 AND FOR SUBSEQUENT FISCAL YEARS, IN THE STATE BUDGET, FOR
THE PURPOSES SPECIFIED IN TITLE 5, SUBTITLE 9 (PROGRAM OPEN
SPACE) OF THE NATURAL RESOURCES ARTICLE; AND

                    (II) FOR THE FISCAL YEAR COMMENCING JULY 1,

1988 AND FOR SUBSEQUENT FISCAL YEARS, NOT LESS THAN:

1. $5,000,000 IN THE STATE BUDGET FOR THE
AGRICULTURAL LAND PRESERVATION FUND ESTABLISHED UNDER § 2-505 OF
THE AGRICULTURE ARTICLE;

2. $1,000,000 IN THE STATE BUDGET FOR THE
HERITAGE CONSERVATION FUND ESTABLISHED UNDER SUBTITLE 15 OF TITLE
5 OF THE NATURAL RESOURCES ARTICLE; AND

3. $1,000,000 IN THE STATE BUDGET FOR
REDUCTION OF STATE DEBT AUTHORIZED UNDER THE OUTDOOR RECREATION
LAND LOAN OF 1969.

(3) THE BALANCE IN EXCESS OF THE AMOUNTS ALLOCATED IN
SUBPARAGRAPHS (I) AND (II) OF PARAGRAPH (2) SHALL BE ALLOCATED TO
THE GENERAL FUND OF THE STATE.

(4) THE SUMS ALLOCATED IN SUBPARAGRAPHS (I) AND (II)
OF PARAGRAPH (2) MAY NOT REVERT TO THE GENERAL FUND OF THE STATE.

[(3) Unless otherwise provided by law, this
subsection shall remain in effect until June 30, 1990.]

SECTION 2. AND BE IT FURTHER ENACTED, That the Laws of
Maryland read as follows:

Article - Natural Resources

5-903.

(a) UP TO 30 PERCENT OF THE FUNDS AVAILABLE UNDER THIS
PROGRAM MAY BE APPROPRIATED FOR THE FOLLOWING PURPOSES:

(1) THE AGRICULTURAL LAND PRESERVATION FUND

ESTABLISHED UNDER § 2-505 OF THE AGRICULTURE ARTICLE;

(2) REDUCTION OF STATE DEBT AUTHORIZED UNDER THE
OUTDOOR RECREATION LAND LOAN OF 1969;

(3) THE HERITAGE CONSERVATION FUND ESTABLISHED UNDER
SUBTITLE 15 OF THIS TITLE;

- 1362 -

 

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Session Laws, 1987
Volume 769, Page 1362   View pdf image
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