1991 LAWS OF MARYLAND
MARYLAND, Sct.:
At an Extraordinary Session of the General Assembly of Maryland, begun and held in the
City of Annapolis on the Twenty-sixth Day of June, 1991, and Ending on the
Twenty-sixth Day of June, 1991, William Donald Schaefer, being Governor of
the State, the following laws were enacted, to wit:
CHAPTER 1
(House Bill 2)
. AN ACT concerning
The Final Budget Reconciliation Act for Fiscal Year 1991
FOR the purpose of reducing the General Fund shortfall for fiscal year 1991 by requiring
the Governor to transfer to the General Fund certain amounts from certain special
funds; reducing the amount of funds transferred to the General Fund under certain
conditions according to a certain priority and allowing the Governor to reduce the
amount of the transfers under certain conditions; altering the distribution of funds
recovered by the State Deposit Insurance Fund; altering the amount of funds to be
transferred from the Revenue Stabilization Account of the State Reserve Fund to
the General Fund in fiscal year 1991 and making that transfer mandatory;
authorizing the transfer of a certain amount of funds from the account of the
Maryland Industrial Land Act Fund to the Economic Development Opportunities
Fund by a certain date; making the provisions of this Act severable; and generally
relating to the financing of State government for certain fiscal years.
BY repealing and reenacting, with amendments,
Article - Financial Institutions
Section 10-110.2(b)
Annotated Code of Maryland
(1986 Replacement Volume and 1990 Supplement)
(As enacted by Chapter 470 of the Acts of the General Assembly of 1991 Regular
Session)
EXPLANATION: CAPITALS INDICATE MATTER ADDED TO EXISTING LAW.
[Brackets] indicate matter deleted from existing law.
Underlining indicates amendments to bill.
Strike out indicates matter stricken from the bill by amendment or deleted from the law by
amendment.
Italics indicate opposite chamber/conference committee amendments.
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