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Session Laws, 1987
Volume 769, Page 3880   View pdf image
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EXECUTIVE ORDERS

G. Appointment

(1) The Governor shall fill a judicial vacancy by
selecting a person from the list submitted by the
appropriate Commission.

(2) With respect to any judicial vacancy, the Governor
also may fill the most recent judicial vacancy by
selecting a person from any list previously
submitted by the appropriate Commission for a
judicial vacancy on the same court for which the
current list is submitted if the previous list was
submitted within one calendar year of the
occurrence of the most recent vacancy and
information on the nominees is updated.

H. Effective Date. This Order is effective January 29,
1987.

I. Applicability. The amendments made by this Order are
applicable to any judicial vacancy which occurs on or after
January 29, 1987. The amendments made by this Order do not
affect the current terms of any members of any Commission.

EXECUTIVE ORDER OF MARCH 9, 1987

01.01.1987.07

PROCLAMATION ON STATE BOND ALLOCATION
FOR CALENDAR YEAR 1987

WHEREAS, on October 22, 1986 the Tax Reform Act of 1986, was
signed into law by the President of the United States (the "Tax
Reform Act"); and

WHEREAS, the Tax Reform Act has amended the Internal Revenue
Code of 1954 and such Code is now referred to as the Internal
Revenue Code of 1986 (the "Code"); and

WHEREAS, Section 146 of the Code establishes a ceiling for
each state on the dollar amount of private activity bonds (as
defined in the Tax Reform Act) ("Private Activity Bonds") that
may be issued by a state and its agencies and political
subdivisions in a calendar year (the "State Ceiling") and
provides a method of allocating the State Ceiling among a state's
issuing authorities; and

WHEREAS, the State Ceiling imposed by the Tax Reform Act
will result in a significant decrease in the dollar amount of
bonds which can be issued by Maryland issuing authorities for

3880

 

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Session Laws, 1987
Volume 769, Page 3880   View pdf image
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