PARRIS N. GLENDENING, Governor

Ch. 379

and for the provision of capital equipment for, a classroom building and gymnasium, and
for the demolition of, and lead abatement work on the annex.

(4) An annual State tax is imposed on all assessable property in the State in rate
and amount sufficient to pay the principal of and interest on the bonds, as and when due
and until paid in full. The principal shall be discharged within 15 years after the date of
issuance of the bonds.

(5) Prior to the payment of any funds under the provisions of this Act for the
purposes set forth in Section 1(3) above, the grantee shall provide and expend a matching
fund. No part of the grantee's matching fund may be provided, either directly or
indirectly, from funds of the State, whether appropriated or unappropriated. No part of
the fund may consist of real property. The fund may consist of in kind contributions or
funds expended prior to the effective date of this Act. In case of any dispute as to the
amount of the matching fund or what money or assets may qualify as matching funds, the
Board of Public Works shall determine the matter and the Board's decision is final. The
grantee has until June 1, 1999, to present evidence satisfactory to the Board of Public
Works that a matching fund will be provided. If satisfactory evidence is presented, the
Board shall certify this fact and the amount of the matching fund to the State Treasurer,
and the proceeds of the loan equal to the amount of the matching fund shall be expended
for the purposes provided in this Act. Any amount of the loan in excess of the amount of
the matching fund certified by the Board of Public Works shall be canceled and be of no
further effect.

(6) No portion of the proceeds of the loan or any of the matching funds may be
used for the furtherance of sectarian religious instruction, in connection with the design,
acquisition, or construction of any building used or to be used as a place of sectarian
religious worship or instruction, or in connection with any program or department of
divinity for any religious denomination. Upon the request of the Board of Public Works,
the grantee shall submit evidence satisfactory to the Board that none of the proceeds of
the loan or any matching funds has been or is being used for a purpose prohibited by this
Act.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 1997.

Approved May 8, 1997.

CHAPTER 379
(Senate Bill 687)

AN ACT concerning

Creation of a State Debt - Baltimore City - Walters Art Gallery

FOR the purpose of authorizing the creation of a State Debt not to exceed $1,200,000
$1,000,000, the proceeds to be used as a grant to the Board of Trustees of the
Walters Art Gallery, Inc. for certain acquisition, development, or improvement

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