WILLIAM DONALD SCHAEFER, Governor

(b)(1) The special fund under subsection (a) of this
section:

(i) is used to pay principal and interest on
the bonds issued under the Outdoor Recreation Land Loan of 1969;
and

(ii) subject to paragraph (2) of this

subsection, the balance of the revenue, not required under
paragraph (1)(i) of this subsection, shall be allocated:

1. [$24,000,000] $29,000,000 FOR THE

FISCAL YEAR COMMENCING JULY 1, 1987, AND $45,000,000 32,000,000
FOR THE FISCAL YEAR COMMENCING JULY 1, 1988 AND FOR SUBSEQUENT
FISCAL YEARS, as provided in the State budget for the purposes
specified in Title 5, Subtitle 9 (Program Open Space) of the
Natural Resources Article; and

2. FOR THE FISCAL YEAR COMMENCING JULY 1,
1988 AND FOR SUBSECTION FISCAL YEARS: $4,500,000 IN THE STATE
BUDGET FOR THE AGRICULTURAL LAND PRESERVATION FUND ESTABLISHED
UNDER § 2-505 OF THE AGRICULTURE ARTICLE; $1,000,000 IN THE STATE
BUDGET FOR THE HERITAGE CONSERVATION FUND ESTABLISHED UNDER TITLE
5, SUBTITLE 15 OF THE NATURAL RESOURCES ARTICLE; AND $1,000,000
IN THE STATE BUDGET FOR REDUCTION OF STATE DEBT AUTHORIZED UNDER
THE OUTDOOR RECREATION LAND LOAN OF 1969; AND

2. 3. the balance in excess of

[$24,000,000] THE AMOUNTS ALLOCATED IN ITEM 1. ITEMS 1. AND 2.
OF THIS SUBPARAGRAPH to the General Fund of the State.

(2) The [sum] SUMS allocated under paragraph

(1)(ii)1. (1)(II)1. AND 2. of this subsection may not revert to
the General Fund of the State.

(B) (1) THE SPECIAL FUND UNDER SUBSECTION (A) OF THIS
SECTION IS USED TO PAY PRINCIPAL AND INTEREST ON THE BONDS ISSUED
UNDER THE OUTDOOR RECREATION LAND LOAN OF 1969.---------------------

(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:-------------

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