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Session Laws, 2000
Volume 797, Page 919   View pdf image
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PARRIS N. GLENDENING, Governor Ch. 185
(2) No part of the HIPPODROME PERFORMING ARTS CENTER FINANCING
Fund may revert or be credited to the General Fund or any other special fund of the
State. (d) The Authority shall pay any and all expenses incurred by the Authority
concerning the Hippodrome Performing Arts Center facility from the HIPPODROME
PERFORMING ARTS CENTER FINANCING Fund. (E) (1) TO THE EXTENT DEEMED APPROPRIATE BY THE AUTHORITY, THE
RECEIPTS OF THE HIPPODROME PERFORMING ARTS CENTER FINANCING FUND
SHALL BE PLEDGED TO AND CHARGED WITH THE PAYMENT OF DEBT SERVICE ON
AUTHORITY BONDS FOR THE HIPPODROME PERFORMING ARTS CENTER FACILITY
AND ALL REASONABLE CHARGES AND EXPENSES RELATED TO THE AUTHORITY
BORROWING AND THE MANAGEMENT OF AUTHORITY OBLIGATIONS RELATED TO THE
HIPPODROME PERFORMING ARTS CENTER FACILITY. (2) THE PLEDGE SHALL BE EFFECTIVE AS PROVIDED IN § 13-712(C) OF
THIS SUBTITLE. [(e)] (F) (1) The HIPPODROME PERFORMING ARTS CENTER FINANCING
Fund shall be invested and reinvested by the [State] Treasurer in the same manner
as State funds. (2) Any investment earnings shall be transferred to the credit of the
HIPPODROME PERFORMING ARTS CENTER FINANCING Fund. 13-719. In addition to the duties set forth elsewhere in this subtitle, the Authority shall: (8) Submit annually a report prepared in cooperation with the Office of
the Comptroller and the Department of Budget and Management on the additional
tax revenues generated by the Ocean City Convention Center facility; [and] (9) Submit annually a report prepared in cooperation with the Office of
the Comptroller and the Department of Budget and Management on the additional
tax revenues generated by the Montgomery County Conference Center facility; AND (10) SUBMIT ANNUALLY A REPORT PREPARED IN COOPERATION WITH
THE OFFICE OF THE COMPTROLLER AND THE DEPARTMENT OF BUDGET AND
MANAGEMENT ON THE ADDITIONAL TAX REVENUES GENERATED BY THE
HIPPODROME PERFORMING ARTS CENTER FACILITY. Article—Insurance 6-105.2. (A) A person subject to the tax imposed under this subtitle may claim a credit
against the tax for a certified rehabilitation as provided under Article 83B, § 5-801 of
the Code. (B) IN THE CASE OF ANY CREDIT UNDER SUBSECTION (A) OF THIS SECTION
THAT IS EARNED BY THE MARYLAND STADIUM AUTHORITY OR ANY AUTHORITY
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Session Laws, 2000
Volume 797, Page 919   View pdf image
 Jump to  
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