WILLIAM DONALD SCHAEFER, Governor

districts for the purpose of financing certain aspects of
ride sharing or bus systems; and authorizing a combination
of ad valorem and impact fees for this purpose.

BY repealing and reenacting, with amendments,

Article 23A - Corporations - Municipal

Section 44

Annotated Code of Maryland

(1981 Replacement Volume and 1986 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article 23A - Corporations - Municipal

44.

(A) Pursuant to the provisions of § 5 of Article XI-E of
the Constitution of Maryland prohibiting any municipal
corporation classified by the General Assembly under the
provisions of § 2 of Article XI-E of the Constitution of Maryland
from levying any type of tax, license fee, franchise tax or fee
which was not in effect in the municipal corporation on January
1, 1954, unless it has received the express authorization of the
General Assembly for that purpose, by a general law which in its
terms and its effect applies alike to all similarly classified
municipal corporations, the General Assembly hereby expressly
authorizes all municipal corporations in this State within the
class created by § 10 of this article for the purpose of
financing the design, construction, establishment, extension,
alteration or acquisition of adequate storm drainage systems, for
the purpose of financing the design, acquisition, establishment,
improvement, extension, operation or alteration of public parking
facilities, or pedestrian malls, for the purpose of financing the
design, acquisition, erection, construction, improvement and
maintenance of street and area lighting, FOR THE PURPOSE OF
FINANCING THE DESIGN, ACQUISITION, ESTABLISHMENT, EQUIPPING,
IMPROVEMENT, EXTENSION, OPERATION, ALTERATION, OR MAINTENANCE OF
A RIDE SHARING OR BUS SYSTEM, and for the purposes set forth in
Section 2(b)(35) of this article, to create within their
respective corporate limits special taxing districts for these
purposes and to levy on all real and personal property located
within these special taxing districts an ad valorem tax at a rate
sufficient to provide adequate annual revenues to pay the
principal and interest on any bonds or other obligations of the
municipality issued for these purposes as the principal and
interest become due, and to pay the costs of operating and
maintaining these facilities and activities. These taxes shall
be levied in the same manner, upon the same assessments, for the
same period or periods, and as of the same date or dates of
finality as are now or may hereafter be prescribed.

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