Ch. 130

LAWS OF MARYLAND

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, 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 of
periods, and as of the same date or dates of finality as are now
or may hereafter be prescribed.

(B) A MUNICIPAL CORPORATION SUBJECT TO ARTICLE XI-E OF THE
CONSTITUTION, WHETHER THROUGH ITS MUNICIPAL CHARTER OR OTHERWISE,
MAY THROUGH ORDINANCE OR RESOLUTION CREATE A SPECIAL TAXING
DISTRICT FOR THE PURPOSE OF FINANCING THE DESIGN, ACQUISITION,
ESTABLISHMENT, IMPROVEMENT, EXTENSION, OPERATION, ALTERATION, OR
MAINTENANCE OF A RIDE SHARING OR BUS SYSTEM. IN THE CREATION OF
SUCH A TAXING, DISTRICT, THE MUNICIPAL CORPORATION SHALL FIX,
IMPOSE, AND COLLECT A COMBINATION OF DEVELOPMENT IMPACT FEES AND
AD VALOREM TAXES FOR FINANCING, IN WHOLE OR IN PART, THE CAPITAL
AND OPERATING COSTS OF THE ADDITIONAL OR EXPANDED RIDE SHARING OR

BUS SYSTEM REQUIRED TO ACCOMMODATE NEW CONSTRUCTION OR

DEVELOPMENT.

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

- 840 -