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Ch. 574
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2000 LAWS OF MARYLAND
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(2) The Board of Trustees may not accept an application for accidental
disability filed by a member or former member more than 5 years after the date of the
claimed accident.]
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall be
construed retroactively and shall be applied to and interpreted to affect an application
submitted on or after July 1, 1999.
SECTION 3. AND BE IT FURTHER ENACTED, That the Board of Trustees of
the State Retirement and Pension System shall report back to the Joint Committee on
Pensions by October 1, 2000, on its findings regarding the possible effects of infectious
diseases, if any, on applications for accidental or special disability under the State
Retirement and Pensions System.
SECTION 3. 4. AND BE IT FURTHER ENACTED, That this Act shall take
effect July 1, 2000.
Approved May 18, 2000.
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CHAPTER 574
(House Bill 141)
AN ACT concerning
Creation of a State Debt - Kent County - Schooner Sultana Project
FOR the purpose of authorizing the creation of a State Debt not to exceed $200,000
$150,000 $100,000, the proceeds to be used as a grant to the Board of Directors
of Chester River Craft and Art, Inc. 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 Kent County
- Schooner Sultana Loan of 2000 in a total principal amount equal to the lesser of (i)
$300,000 $150,000 $100,000 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.
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- 3034 -
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