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Ch. 467
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2000 LAWS OF MARYLAND
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(F) THE DEPARTMENT OF HEALTH AND MENTAL HYGIENE, IN COOPERATION
WITH OTHER APPROPRIATE STATE AND LOCAL UNITS, SHALL PROVIDE STAFF
SUPPORT FOR THE TASK FORCE TO THE EXTENT POSSIBLE WITHIN EXISTING
BUDGETED RESOURCES.
(G) THE TASK FORCE SHALL ISSUE A FINAL REPORT OF ITS FINDINGS,
RECOMMENDATIONS, AND COMPREHENSIVE STRATEGY TO THE GOVERNOR AND,
SUBJECT TO § 2-1246 OF THE STATE GOVERNMENT ARTICLE, TO THE GENERAL
ASSEMBLY ON OR BEFORE DECEMBER 31, 2001.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
July 1, 2000. It shall remain effective for a period of 1 year and 6 months and, at the
end of December 31, 2001, with no further action required by the General Assembly,
this Act shall be abrogated and of no further force and effect.
Approved May 11, 2000.
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CHAPTER 467
(House Bill 1256)
AN ACT concerning
Creation of a State Debt - Anne Arundel County - St. John's College
FOR the purpose of authorizing the creation of a State Debt not to exceed $2,900,000,
the proceeds to be used as a grant to St. John's College 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 St. John's
College Loan of 2000 in a total principal amount equal to the lesser of (i) $2,900,000
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.
(2) The bonds to evidence this loan or installments of this loan may be sold as
a single issue or may be consolidated and sold as part of a single issue of bonds under
§ 8-122 of the State Finance and Procurement Article.
(3) The cash proceeds of the sale of the bonds shall be paid to the Treasurer
and first shall be applied to the payment of the expenses of issuing, selling, and
delivering the bonds, unless funds for this purpose are otherwise provided, and then
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