Ch. 44 2

LAWS OF MARYLAND

paid in full. The principal shall be discharged within 15 years
after 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
Board of County Commissioners of St. Mary's County shall provide
at least an equal and matching fund of $250,000. Any No part of
an applicant's matching fund may be provided, either directly or
indirectly, from funds of the State, whether appropriated or
unappropriated. Any No part of the fund may consist of real
property, in kind contributions, or 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 Board of County Commissioners of St. Mary's County
has until June 1, 1989, 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, 1989, the proceeds of the
loan shall be applied to the purposes authorized in § 8-129 of
the State Finance and Procurement Article.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect June 1, 1987.

Approved May 14, 1987.

CHAPTER 442

(House Bill 193)

AN ACT concerning

Workmen's Compensation - Subsequent Injury Fund

FOR the purpose of increasing the percentage amount payable to
the Subsequent Injury Fund on awards rendered against
employers, insurance carriers, or the State Accident Fund
for permanent disability or death and certain settlement
agreements after a specified date; repealing provisions
governing contributions by employers, insurance carriers,
and the State Accident Fund based on the balance of the
Subsequent Injury Fund; requiring the Director of the Fund
to make a certain report by a certain date; providing for
the time period that certain changes of this Act are
effective; and generally relating to contributions by

- 2162 -