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Ch. 267
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2007 Laws of Maryland
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(4) (D) A COUNTY MAY UNDERTAKE A PAYMENT OBLIGATION IN
AN AGREEMENT AUTHORIZED BY THIS SUBSECTION UNDER THIS TITLE:
(I) (1) WITHOUT REGARD TO ANY LIMITATIONS
CONTAINED IN ITS CHARTER OR OTHER APPLICABLE PUBLIC LOCAL LAW OR
PUBLIC GENERAL LAW THAT WOULD OTHERWISE APPLY; AND
(II)(2) WITHOUT COMPLYING WITH ANY PROCEDURES
CONTAINED IN ITS CHARTER OR OTHER APPLICABLE PUBLIC LOCAL OR PUBLIC
GENERAL LAW THAT OTHERWISE WOULD BE REQUIRED.
(5) (E) THE EXERCISE OF THE AUTHORITY GRANTED IN THIS
SUBSECTION TITLE TO ENTER INTO AN AGREEMENT WITH A PAYMENT
OBLIGATION FOR A TERM OF YEARS CONSTITUTES THE EXERCISE OF
BORROWING AUTHORITY.
(6) (F) AN AGREEMENT AUTHORIZED BY THIS SUBSECTION
UNDER THIS TITLE, THE TRANSFER OR ASSIGNMENT OF THE AGREEMENT, AND
ANY PAYMENT REQUIRED BY THE AGREEMENT SHALL BE EXEMPT FROM
TAXATION BY THE STATE, OR ANY POLITICAL SUBDIVISION COUNTY, MUNICIPAL
CORPORATION, OR PUBLIC AGENCY.
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Article 25B - Home Rule for Code Counties
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13.
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If a county adopts code home rule status under the provisions of Article XI-F of
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the Maryland Constitution and this article, it may exercise those powers enumerated
in § 3 of Article 25, in subtitle "Draining Lands" of Article 25, and in § 5 of Article 25 A,
except for subsections (A), [(P) and] (P), (S), AND (GG) of § 5 of Article 25A, of the
Annotated Code of Maryland, 1957 Edition as amended; and no county adopting code
home rule status shall be excepted. These powers are in addition to any powers any
county may now have under any public general or local law applicable to the county.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
October June 1, 2007.
Approved by the Governor, April 24, 2007.
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- 1760 -
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