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Session Laws, 1993
Volume 772, Page 1505   View pdf image
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WILLIAM DONALD SCHAEFER, Governor                         Ch. 204

[(6)] (3) For the fiscal year commencing July 1, 1994, [90%] 70% of the
balance shall be allocated as provided under paragraph [(7)] (5) of this subsection and
[10%] 30% shall be allocated to the General Fund of the State.

(4) FOR THE FISCAL YEAR COMMENCING JULY 1, 1995, 90% OF THE
BALANCE SHALL BE ALLOCATED AS PROVIDED UNDER PARAGRAPH (5) OF THIS
SUBSECTION AND 10% SHALL BE ALLOCATED TO THE GENERAL FUND OF THE STATE.

[(7)] (5) For each of the fiscal years commencing [July 1, 1992,] July 1, 1993,
[and
7 July 1, 1994, AND JULY 1, 1995, the percentage of the balance specified for the fiscal
year under paragraph [(4), (5), or (6)]
(2), (3), OR (4) of this subsection shall be allocated as
follows:

(i) not less than $1,000,000 for reduction of State debt authorized under
the Outdoor Recreation Land Loan of 1969; and

(ii) the remainder not allocated under item (i) of this paragraph shall be
allocated as follows:

1. 84.2% in the State budget for the purposes specified in Title 5,
Subtitle 9 of the Natural Resources Article (Program Open Space);

2. 13.2% in the State budget for the Agricultural Land Preservation
Fund established under § 2-505 of the Agriculture Article; and

3. 2.6% in the State budget for the Heritage Conservation Fund
established under Title 5, Subtitle 15 of the Natural Resources Article.

(d) (1) Subject to subsection (e) of this section, for the fiscal year commencing July
1, [1995] 1996 and for each subsequent fiscal year, the balance of the revenue in the special
fund, not required under subsection (b) of this section, shall be allocated as provided in this
subsection.

(2)     Until the outstanding debt authorized under the Outdoor Recreation Land
Loan of 1969 has been reduced to zero, at least $1,000,000 shall be allocated in the State
budget for reduction of State debt authorized under that loan.

(3)     The balance in excess of the amounts allocated in paragraph (2) of this
subsection shall be allocated in the State budget as follows:

(i) 84.2% for the purposes specified in Title 5, Subtitle 9 of the Natural
Resources Article (Program Open Space);

(ii) 13.2% for the Agricultural Land Preservation Fund established under
§ 2-505 of the Agriculture Article; and

(iii) 2.6% for the Heritage Conservation Fund established under Title 5,
Subtitle 15 of the Natural Resources Article.

(e) The sums allocated in subsections (c)[(2)(i), (3)(i), (7)] (5) and (d) of this
section may not revert to the General Fund of the State.

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Session Laws, 1993
Volume 772, Page 1505   View pdf image
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