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Session Laws, 2004
Volume 801, Page 2005   View pdf image
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ROBERT L. EHRLICH, JR., Governor                             Ch. 432

this Act may be used for the furtherance of sectarian religious instruction, or in
connection with the design, acquisition, construction, or equipping 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, a recipient of the
proceeds of a loan under this Act shall submit evidence satisfactory to the Board that
none of the proceeds of the loan or any matching funds have been or are being used for
a purpose prohibited by this Act.

SECTION 11. AND BE IT FURTHER ENACTED, That

(a)     the Comptroller may advance funds from any loan fund account to any
other loan fund account established pur
suant to a general obligation bond loan
enabling act, under the authority of which general obligation bonds have been issued,
for any exp
enditure authorized by that act; and

(b)     with the approval of the Board of Public Works, the Comptroller may
advance fund
s to any loan fund account established pursuant to a general obligation
bond loan enabling act, for which an approving legal opinion has been received by the
Board, for any
expenditure authorized by that act, provided that the next ensuing
sale of gen
eral obligation bonds shall include the issuance of bonds under the
authority of that act in an amount at least equivalent to the amount of the funds so
advanced.

the Comptroller may advance funds to any loan funds account established
pursuant to a general obligation bond loan enabling act, for any expenditure
authorized by that act, provided that if the general obligation bonds have not been
issued under the authority of that act, the next ensuing sale of general obligation
bonds shall include the issuance of bonds under the authority of that act in an amount
at least equivalent to the amount of funds so advanced.

SECTION 12. AND BE IT FURTHER ENACTED. That all prior capital
appropriations and all prior authorizations of State debt, if any, allocated for Program
Open Space under § 5-905 of the Natural Resources Article, that are unexpended as of
June 1, 2004, shall be deemed encumbered for the purposes of §§ 7-305(d)(3) and
8-128(c) of the State Finance and Procurement Article as of the date of approval of the
annual program submitted by each local governing body under § 5-905 of the Natural
Resources Article.

SECTION 12. 13. AND BE IT FURTHER ENACTED, That the net new debt
to be authorized by legislation in fiscal year 2004 may not exceed $655,000,000, as
evidenced by the following:

FY 2005 debt to be authorized by this Act................................... 624,792,000

628,263,000

FY 2005 debt to be authorized by separate legislation for

private hospitals.............................................................................           3,471,000

FY 2005 debt authorized by separate legislation for the Tobacco

Transition Program........................................................................           5,000,000

- 2005 -

 

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Session Laws, 2004
Volume 801, Page 2005   View pdf image
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