PARRIS N. GLENDENING, Governor

Ch. 125

(3) Affected property which is certified to be lead-free pursuant to § 6-804
of this subtitle.

SECTION 2. 4. AND BE IT FURTHER ENACTED, That this Act shall fee
construed to effect apply to a contract of insurance covering an affected property that is
issued or renewed on or after the effective date of this Act June 1, 1997.

SECTION 5. AND BE IT FURTHER ENACTED. That Section 1 of this Act shall
take effect June 1, 1997, and remain in effect until October 1, 1997.

SECTION 6. AND BE IT FURTHER ENACTED, That Section 3 of this Act shall
take effect June 1, 1997.

SECTION 3. 7. AND BE IT FURTHER ENACTED, That Section 2 of this Act
shall take effect October 1, 1997.

Approved April 29, 1997.

CHAPTER 125
(Senate Bill 20)

AN ACT concerning

Creation of a State Debt - Prince George's County - Bowie Civic Facility for the

Performing Arts

FOR the purpose of authorizing the creation of a State Debt not to exceed $2,000,000
$400,000 $300,000, the proceeds to be used as a grant to the Board of Directors of
the Bowie Regional Arts Vision Association, Inc. (BRAVA) for certain
development or improvement purposes; providing for disbursement of the loan
proceeds, subject to a requirement that the grantee provide and expend a matching
fund; and providing generally for the issuance and sale of bonds evidencing the
loan.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That:

(1) The Board of Public Works may borrow money and incur indebtedness on
behalf of the State of Maryland through a State loan to be known as the Prince George's
County - Bowie Civic Facility for the Performing Arts Loan of 1997 in a total principal
amount equal to the lesser of (i) $2,000,000 $400,000 $300,000 or (ii) the amount of the
matching fund provided in accordance with Section 1(5) below. This loan shall be
evidenced by the issuance, sale, and delivery of State general obligation bonds authorized
by a resolution of the Board of Public Works and issued, sold, and delivered in
accordance with §§ 8-117 through 8-124 of the State Finance and Procurement Article
and Article 31, § 22 of the Code.

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