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Session Laws, 1989
Volume 771, Page 4616   View pdf image
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VETOES

(F) THE BOARD MAY REQUIRE A STATE UNIT TO OBTAIN APPROVAL
FROM THE BOARD FOR EACH BOND ISSUE IN ACCORDANCE WITH THE
GOVERNMENTAL USE ALLOCATION SET FORTH.

(G) THIS SECTION DOES NOT APPLY TO STATE UNITS WHOSE BOND
ISSUANCES MUST, BY STATUTE, BE SPECIFICALLY APPROVED BY THE BOARD
OF PUBLIC WORKS.

8-212.

(A)  IN SECTIONS 8-212 THROUGH 8-212.3 OF THIS SUBTITLE THE
FOLLOWING WORDS HAVE THE MEANINGS INDICATED.

(B)   "ALLOCATION" MEANS THE TOTAL RECOMMENDED VOLUME OF
STATE UNIT DEBT WHICH MAY BE ISSUED BY A STATE UNIT DURING A
FISCAL YEAR.

(C)   "BOARD" MEANS THE BOARD OF PUBLIC WORKS.

(D)   "DEPARTMENT" MEANS THE DEPARTMENT OF BUDGET AND FISCAL
PLANNING.

(E)   "INDEPENDENT AUTHORITY" MEANS:

(1)  THE MARYLAND ECONOMIC DEVELOPMENT CORPORATION;

(2)  THE MARYLAND HEALTH AND HIGHER EDUCATION
FACILITIES AUTHORITY; AND

(3)  THE MARYLAND HIGHER EDUCATION SUPPLEMENTAL LOAN
AUTHORITY.

(F)   "INDEPENDENT AUTHORITY DEBT" MEANS A BOND, NOTE, BOND
ANTICIPATION NOTE, CAPITAL LEASE, OR ANY OTHER EVIDENCE OF
INDEBTEDNESS OF AN INDEPENDENT AUTHORITY.

(G)   "STATE UNIT" MEANS:

(1)  THE COMMUNITY DEVELOPMENT ADMINISTRATION;

(2)  THE MARYLAND INDUSTRIAL DEVELOPMENT FINANCING
AUTHORITY;

(3)  THE MARYLAND FOOD CENTER AUTHORITY;

(4)  THE MARYLAND TRANSPORTATION AUTHORITY;

(5)  THE MARYLAND ENVIRONMENTAL SERVICE;

(6)  THE WATER QUALITY FINANCING ADMINISTRATION;

(7)  THE MARYLAND STADIUM AUTHORITY;

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Session Laws, 1989
Volume 771, Page 4616   View pdf image
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