Ch. 204 1993 LAWS OF MARYLAND
from the State transfer tax after allocations for the purposes specified under § 13-209(b)
of the Tax Property Article shall be allocated as follows: 50% of the balance to the
General Fund and 50% as specified under the provisions of subsection (c)(7)(i) and (ii)
of § 13-209 of the Tax - Property Article.
SECTION 4. AND BE IT FURTHER ENACTED, That, notwithstanding the
provisions of Sections 3 and 13 of the Fiscal Year 1994 State Budget Bill, the limitation
pertaining to salary increases, added by amendments to those sections of the Budget. Bill, are
not applicable.
SECTION 5. AND BE IT FURTHER ENACTED, That, for fiscal year 1994;
notwithstanding any other provision of law, on or before June 30, 1994, the Governor
shall transfer to the General Fund.
(a) $5,000,000 of the funds in the account of the Law Enforcement and
Correctional Training Fund established under Article 41, § 4-1301 of the Code; and
(b) $337,000 of the funds in the account of the Environmental Trust Fund established
under § 3-302 of the Natural Resources Article.
SECTION 6. AND BE IT FURTHER ENACTED, That, for fiscal year 1994 only,
notwithstanding any other provision of law:
(a) Funds shall be included in the budget for the Revenue Stabilization Account
of the State Reserve Fund as established under § 7-311 of the State Finance and
Procurement Article as set out in subsection (b) of this section.
(b) For fiscal year 1991, in addition to the appropriation to the Revenue
Stabilization Account due to the estimated revenue attributable to the increase in the top
State income tax rate (as enacted by Chapter 2 of the Acts of the General Assembly of the
First Special Session of 1992) and to the extent not appropriated in the fiscal year 1994
State budget, the Governor shall include a deficiency appropriation of at least
$50,000,000 as part of the budget submitted at the 1994 Session of the General Assembly.
SECTION 6. AND BE IT FURTHER ENACTED, That, for fiscal year 1996.
notwithstanding any other provision of law, the Governor shall include an appropriation, in an
amount equivalent to the unappropriated general fund surplus as of June 30, 1994, to the
Revenue Stabilization Account of the State Reserve Fund established under § 7-311 of the
State Finance and Procurement Article. The amount appropriated under this section shall be
in addition to the amount required to be appropriated under § 7-311 of the State Finance and
Procurement Article.
SECTION 6. AND BE IT FURTHER ENACTED, That, notwithstanding any other
provision of law, funds shall be provided for the Revenue Stabilization Account of the State
Reserve Fund established under § 7-311 of the State Finance and Procurement Article as
follows:
(a) The Governor shall include an appropriation of $50,000,000 as part of the budget
submitted at the 1994 Session of the General Assembly;
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