Ch. 7

1995 LAWS OF MARYLAND

(1)    Due to shifts in project cash flow from
fiscal year 1995;

(2)     Unforeseen circumstances, such as market
opportunities, which require immediate action
by the state; and

(3)     The budget committees arc notified of the
proposed increase in special fund expenditures
for capital purposes, or 45 days haw elapsed
from the date such notification is received by
the committees.

It is the policy of the General Assembly that
the Department of Transportation's FY
1996 special fund capital expenditures
should be reduced by $75 million. The
General Assembly will implement this policy
in two steps. First, notwithstanding any
other provision of this budget, for fiscal year
1996, total special fund expenditures for
capital purposes by the Department of
Transportation may not exceed
$460,150,300; a reduction of $53 million
from the proposed FY 1996 budget as
contained within the final 1995
Consolidated Transportation Program.
Provided however, that this ceiling may be
increased only under the following
conditions:

(1)    Due to shifts in project cash flow
from fiscal year 1995; or

(2)     Unforeseen circumstances, such as
market opportunities, which require
immediate action by the state; and

(3)    The budget committees are notified
of the proposed increase in special fund
expenditures for capital purposes, and
are provided 30 days to comment on the
proposed increase.

Further provided that the department is
directed to conduct an assessment of the
current capital program to determine the
feasibility of reducing the remaining $22
million, including the identification of the

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