Ch. 598

LAWS OF MARYLAND

(3)  THE AMOUNT AND TYPE OF BONDS NOT ISSUED, BUT
-ANTICIPATED TO BE ISSUED ON OR BEFORE SEPTEMBER 30 OF THAT YEAR,
PURSUANT TO THE TOTAL ALLOCATION TO THE ISSUER IN THAT YEAR; AND

(4)  ANY OTHER INFORMATION THAT THE SECRETARY MAY
REQUEST.

(B)  (1) EACH ISSUER SHALL FILE WITH THE SECRETARY A COPY OF
EACH EXECUTED INFORMATION REPORT REQUIRED BY § 149(E)(2) OF THE
CODE TO BE FILED WITH THE FEDERAL INTERNAL REVENUE SERVICE.

(2)  EACH SUCH INFORMATION REPORT SHALL BE FILED BY
THE EARLIER OF 10 BUSINESS DAYS FOLLOWING THE DATE OF THE
ISSUANCE OF THE BONDS OR DECEMBER 30 OF THE CALENDAR YEAR IN
WHICH THE BONDS ARE ISSUED. THE SECRETARY MAY GRANT AN EXTENSION
OF. TIME FOR' THE FILING OF ANY SUCH INFORMATION REPORT.

(3)  ANY BONDS FOR WHICH SUCH EXECUTED INFORMATION
REPORT IS NOT FILED WITH THE SECRETARY IN ACCORDANCE WITH THIS
SUBSECTION SHALL BE DEEMED NOT TO HAVE RECEIVED AN ALLOCATION OF
THE MARYLAND STATE CEILING.

(C)  EACH ISSUER SHALL PROVIDE THE SECRETARY WITH SUCH
ADDITIONAL REPORTS AND OTHER INFORMATION REGARDING ITS ALLOCATION
OF THE MARYLAND - STATE CEILING AND THE USE THEREOF AS THE
SECRETARY MAY REQUEST.

13-805.

(A)  ALL ALLOCATIONS OF THE MARYLAND STATE CEILING
PREVIOUSLY MADE DURING ANY CALENDAR YEAR SHALL AUTOMATICALLY
REVERT TO THE SECRETARY'S RESERVE ON OCTOBER 1 OF SUCH' CALENDAR
YEAR EXCEPT WITH RESPECT TO ALLOCATIONS FOR WHICH:

(1)  BONDS HAVE BEEN ISSUED;

(2)  WITH THE APPROVAL OF THE ISSUER, A PRELIMINARY
OFFICIAL STATEMENT HAS BEEN DISTRIBUTED BY THE UNDERWRITERS IN
CONNECTION WITH THE PUBLIC OFFERING OF ANY BONDS; OR

(3)  THE ISSUER HAS TRANSFERRED ITS ALLOCATION TO A
STATE ISSUER UNDER § 13-803(C) OF THIS SUBTITLE.

(B)  ALL ALLOCATIONS OF THE MARYLAND STATE CEILING FOR BONDS
TO BE ISSUED IN A PUBLIC OFFERING WHICH DID NOT REVERT TO THE
SECRETARY'S RESERVE ON OCTOBER 1 BECAUSE OF SUBSECTION (A)(2) OF
THIS SECTION SHALL REVERT TO THE SECRETARY'S RESERVE ON NOVEMBER
15 OF THE SAME YEAR IF THE BONDS HAVE NOT BEEN ISSUED BY ARE NOT
ISSUED ON OR BEFORE NOVEMBER 14 OF SUCH YEAR.

(C)  THE UNUSED BALANCE OF THE INITIAL ALLOCATION TO THE
COMMUNITY DEVELOPMENT ADMINISTRATION UNDER § 13-802(3) OF THIS

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