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Session Laws, 1997
Volume 795, Page 4310   View pdf image
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Ch. 757                                        1997 LAWS OF MARYLAND

cost. Title to the land shall be in the name of the Mayor and City Council of Baltimore
City. The State is not responsible for costs involved in the development or maintenance of
the land.

(III) 1. A PORTION OF THE STATE'S SHARE OF FUNDS AVAILABLE
UNDER THIS PROGRAM NOT TO EXCEED THE AMOUNTS SPECIFIED BELOW MAY BE
TRANSFERRED BY AN APPROPRIATION IN THE STATE BUDGET TO THE RURAL
LEGACY PROGRAM UNDER TITLE 5, SUBTITLE 9A OF THIS ARTICLE: FISCAL YEAR
1998 ($
4 MILLION), FISCAL YEAR 1999 ($7 MILLION), FISCAL YEAR 2000 ($9 MILLION),
FISCAL YEAR 2001 ($9 MILLION), AND FISCAL YEAR 2002 ($9 MILLION). FOR FISCAL
YEARS 2003
-2011, UP TO $9 MILLION MAY BE TRANSFERRED TO THE GENERAL FUND
AS A CONTRIBUTION TO DEBT SERVICE, PROVIDED THAT IN EACH OF THOSE FISCAL
YEARS, $35 MILLION IN GENERAL OBLIGATION BONDS HAS BEEN AUTHORIZED FOR
THE RURAL LEGACY PROGRAM FOR FISCAL YEAR 2003 AND EACH FISCAL YEAR
THEREAFTER. FUNDS MAY BE TRANSFERRED TO THE RURAL LEGACY PROGRAM
-AS
PROVIDED IN THE STATE BUDGET OF WHICH UP TO $2 MILLION MAY BE USED TO
ISSUE ZERO COUPON BONDS FOR EASEMENTS
. SUMS ALLOCATED TO THE RURAL
LEGACY PROGRAM NOT ATTRIBUTABLE TO THE SALE OF GENERAL OBLIGATION
BONDS MAY NOT REVERT TO THE GENERAL FUND OF THE STATE.

A.       IN FISCAL YEAR 1998, $4 MILLION;

B.       IN FISCAL YEAR 1999, $5 MILLION;

C.      IN FISCAL YEAR 2000, $6 MILLION;

D.      IN FISCAL YEAR 2001, $7 MILLION; AND

E. IN FISCAL YEAR 2002 AND EACH FISCAL YEAR THEREAFTER
$8 MILLION;

2.        IN EACH FISCAL YEAR, UP TO $2 MILLION OF THE FUNDS
TRANSFERRED UNDER THIS SUBPARAGRAPH TO THE RURAL LEGACY PROGRAM MAY BE
USED TO PURCHASE ZERO COUPON BONDS FOR EASEMENTS.

3.        SUMS ALLOCATED TO THE RURAL LEGACY PROGRAM MAY
NOT REVERT TO THE GENERAL FUND OF THE STATE.

(g) (1) For the fiscal year commencing July 1, 1990, any amount appropriated in the
State budget, and for each subsequent fiscal year, up to 25 percent of the State's share of the
funds THAT WOULD BE AVAILABLE UNDER THE PROGRAM IF 100 PERCENT OF THE FUNDS
NOT REQUIRED UNDER § 13-209(B) OF THE TAX-PROPERTY ARTICLE IS AVAILABLE FOR
DISTRIBUTION AS PROVIDED IN § 13-209(D)(3) OF THE TAX - PROPERTY ARTICLE
[available under the program], may be used for capital improvements on land owned by the
State for the use of the Department if the improvements are:

(i) Approved in the State budget; and

(ii) Compatible with:

1. Any master plan developed for the land; and

2. The natural features of the land.

- 4310 -

 

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Session Laws, 1997
Volume 795, Page 4310   View pdf image
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