Ch. 432                                    2004 LAWS OF MARYLAND

FY 2005 debt authorized by separate legislation for projects of

political subdivisions and nonprofit organizations.......................         30,400,000

Subtotal........................................................................................... 663,663,000

Reductions in Previously Authorized State Debt Made in This

Bill....................................................................................................         (8,663,000)

Net new debt to be authorized in FY 2005................................... $655,000,000

SUMMARY OF REDUCTIONS IN PREVIOUSLY AUTHORIZED STATE DEBT

- 2006 -

Reductions in Previously Authorized State Debt	Current Amount of Authorization	Prior Cancellations	Reduction	Reduced Amount of Authorization
Chapter 286 of the Acts of 1974 (Water Quality Loan) as amended	49,944,939	208,558	552,000	49,184,381
Chapter 262 of the Acts of 1975 (Water Quality Loan)	50,000,000	-0-	1,777,000	48,223,000
Chapter 610 of the Acts of 1986 (Chesapeake Bay Water Quality Loan)	27,350,000	233,380	505,000	26,611,620
Chapter 458 of the Acts of 1987 (Chesapeake Bay Water Quality Loan)	25,400,000	46,913	200,000	25,153,087
Chapter 668 of the Acts of 1988 (Chesapeake Bay Water Quality Loan)	17,700,000	185,361	200,000	17,314,639
Chapter 98 of the Acts of 1989 (General Construction Loan)	119,693,775	130,697	189,000	119,374,078