Martin O'Malley, Governor

Ch. 2

(iv) a mechanism to assure equitable and sustainable funding
from Prince George's County and the State.

SECTION 21. AND BE IT FURTHER ENACTED, That Section 3 of this Act

shall take effect January 1, 2008, contingent on the taking effect of Chapter

(H.B.5) of the Acts of the General Assembly of the Special Session of 2007. and if

Chapter ___ does not become effective, Section 3 of this Act shall be null-and-void

without the necessity of further action by the General Assembly.

SECTION 7. 22. 17. AND BE IT FURTHER ENACTED, That Sections 1 and 5
of this Act shall be applicable to fiscal year 2009 and each fiscal year thereafter.

SECTION 8. 23. 18. AND BE IT FURTHER ENACTED, That Section 4 of this
Act shall be applicable to all taxable years beginning after June 30, 2008.

SECTION 9. AND BE IT FURTHER ENACTED, That Section 3 of this Act shall
take effect contingent on the taking effect of legislation passed during the Special
Session of 2007 establishing a Higher Education Investment Fund, and if legislation
establishing a Higher Education Investment Fund does not become effective, Section 3
of this Act shall be null and void without the necessity of further action by the General

Assembly.

SECTION 19. AND BE IT FURTHER ENACTED. That Section 3 of this Act
shall take effect contingent on the taking effect of legislation passed during the Special
Session of 2007 establishing a Higher Education Investment Fund, and if legislation
establishing a Higher Education Investment Fund does not become effective. Section 3
of this Act shall be null and void without the necessity of further action by the General
Assembly.

SECTION 10. 24. 20. AND BE IT FURTHER ENACTED, That Section 5 of this
Act shall take effect contingent on the taking effect of legislation passed during the
Special Session of 2007 that imposes recordation and transfer taxes on the transfer of
controlling interest in an entity that owns interests in real property in Maryland, and
if legislation that imposes recordation and transfer taxes on the transfer of controlling
interest in an entity that owns interests in real property in Maryland does not become
effective, Section 5 of this Act shall be null and void without the necessity of further
action by the General Assembly.

SECTION 25. 21. AND BE IT FURTHER ENACTED. That Section 6 of this Act
shall take effect July 1. 2008.

SECTION 11. 26. 22. AND BE IT FURTHER ENACTED, That, subject to
Sections 7 21 17 through 10 25 21 of this Act, this Act shall take effect January 1,
2008.

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