PARRIS N. GLENDENING, Governor

Ch. 181

SECTION 8. AND BE IT FURTHER ENACTED, That any and all obligations
issued under this Act, their transfer, the interest payable on them, and any income
derived from them from time to time (including any profit made in their sale) shall be and
are hereby declared to be at all times exempt from State, county, municipal or other
taxation of every kind and nature whatsoever within the State of Maryland.

Nothing in this Act shall prevent the County from authorizing hereunder the
issuance and sale of bonds the interest on which is not excludable from gross income for
federal income tax purposes.

SECTION 9. AND BE IT FURTHER ENACTED, That the authority to borrow
money and issue bonds conferred on the County by this Act shall be deemed to provide
additional, alternative, and supplemental authority for borrowing money and shall be
regarded as supplemental and additional to powers conferred upon the county by other
laws and may not be regarded as in derogation of any power now existing; and all
previously enacted laws authorizing the County to borrow money are hereby continued to
the extent that the power contained in them is continuing or has not been exercised,
unless any law is expressly repealed by this Act, and the validity of any bonds issued under
previously enacted laws is hereby ratified, confirmed, and approved. This Act, being
necessary for the welfare of the inhabitants of Frederick County, shall be liberally
construed to effect its purposes. All Acts and parts of Acts inconsistent with the
provisions of this Act are hereby repealed to the extent of any inconsistency.

SECTION 10. AND BE IT FURTHER ENACTED, That this Act shall take
effect June 1, 1995.

Approved May 9, 1995.

CHAPTER 181

(Senate Bill 547)

AN ACT concerning

Frederick County - Classified Service

FOR the purpose of repealing from the Public Local Laws of Frederick County certain
provisions concerning a classified service system.

BY repealing

The Public Local Laws of Frederick County

Section 2-2-41 through 2-2-49, inclusive, and the heading designation "Article III.
Classified Service"

Article 11 - Public Local Laws of Maryland

(1979 Edition and August 1993 Supplement, as amended)

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