Ch. 2

LAWS OF MARYLAND

(2) $3,000,000 ON A CUMULATIVE MONTHLY BASIS
BEGINNING IN JULY, 1988 AND CONTINUING THROUGH OCTOBER, 1990.

(B)  REDUCTION OF DISTRIBUTION.

THE TOTAL DISTRIBUTION UNDER SUBSECTION (A) OF THIS SECTION
SHALL BE REDUCED BY THE AMOUNT, IF ANY, TRANSFERRED TO THE
TRANSPORTATION TRUST FUND:

(1)  AS AN APPROPRIATION THAT:

(I)  THE GOVERNOR REQUESTS AND THE GENERAL
ASSEMBLY APPROVES IN THE BUDGET BILL; OR

(II)  THE GENERAL ASSEMBLY PROVIDES THROUGH A
SUPPLEMENTARY APPROPRIATIONS BILL; OR

(2)  THAT THE GOVERNOR, AFTER FINDING THAT THE STATE
OF MARYLAND DEPOSIT INSURANCE FUND HAS OBTAINED REVENUE IN EXCESS
OF THE REQUIREMENTS OF THAT FUND, AUTHORIZES BY BUDGET AMENDMENT
TO BE TRANSFERRED FROM THAT FUND.                                                     

(C)  DISCONTINUANCE OF MONTHLY DISTRIBUTION.

THE MONTHLY DISTRIBUTION UNDER SUBSECTION (A) OF THIS
SECTION TO THE TRANSPORTATION TRUST FUND SHALL CONTINUE ONLY
UNTIL THE TOTAL OF THE AMOUNT DISTRIBUTED UNDER SUBSECTION (A) OF
THIS SECTION AND FORMER ARTICLE 81, § 288A OF THE CODE AND THE
AMOUNT TRANSFERRED IN THE MANNER DESCRIBED IN SUBSECTION (B) OF
THIS SECTION IS $129,000,000.

(D)  PURPOSE AND CONDITION.

THE DISTRIBUTION UNDER SUBSECTION (A) OF THIS SECTION IS FOR
THE PURPOSE OF RESTORING:

(1)  THE $29,000,000 TRANSFERRED FROM THE
TRANSPORTATION TRUST FUND TO THE GENERAL FUND OF THE STATE UNDER
§ 3-216(F) OF THE TRANSPORTATION ARTICLE; AND

(2)  THE $100,000,000 TRANSFERRED FROM THE
TRANSPORTATION TRUST FUND TO THE STATE OF MARYLAND DEPOSIT
INSURANCE FUND.

REVISOR'S NOTE: This section is new language derived
without substantive change from former Art. 81, §
288A(3).

Subsection (a)(2) of this section is revised to
restate the former conditional provision "provided
that prior to January 1, 1987, the Governor finds that
an emergency exists in conjunction with a crisis in
the savings and loan industry, and pursuant to
applicable provisions of the State Finance and
Procurement Article and other law transfers

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