§ 8-408. Use of distributed highway user revenues
West's Annotated Code of MarylandTransportationEffective: July 1, 2022
Effective: July 1, 2022
MD Code, Transportation, § 8-408
§ 8-408. Use of distributed highway user revenues
(a) Highway user revenues distributed to Baltimore City and Kent County may be used only to pay or finance:
(b) The net share of highway user revenues distributed for a county other than Kent County may be used only:
(1) First, to pay debt service on outstanding bonds or other evidences of obligation issued before June 1, 1947, by or for the county or any municipality in the county to finance construction, reconstruction, or maintenance of roads or streets, to the extent that gasoline tax revenues have been lawfully dedicated, pledged, or otherwise committed to that debt service, so that the dedication, pledge, or commitment remains unimpaired and continues as a charge against the county's share of the gasoline tax to the same extent that it was a charge against any gasoline tax revenues under prior laws; and
(iv) Debt service on bonds or other evidences of obligation that, for the construction, reconstruction, or maintenance of county roads, are lawfully issued on or after June 1, 1947, by or for the county or by or for a municipality in the county that is not receiving its own share under § 8-407 of this subtitle.
(c) The net share of highway user revenues distributed for a municipality may be used only to pay or finance:
Credits
Added by Acts 1977, c. 13, § 2, eff. July 1, 1977. Amended by Acts 1977, c. 521; Acts 1979, c. 195; Acts 1988, c. 319; Acts 1990, c. 470; Acts 1992, c. 215; Acts 1996, c. 665, § 1, eff. July 1, 1996; Acts 1997, c. 628, § 1, eff. Oct. 1, 1997; Acts 2001, c. 386, § 1, eff. July 1, 2001; Acts 2001, c. 730, § 1, eff. Oct. 1, 2001; Acts 2006, c. 513, § 1, eff. July 1, 2006; Acts 2007, c. 5, § 1, eff. March 22, 2007; Acts 2013, c. 43, § 5; Acts 2014, c. 638, § 1, eff. July 1, 2014; Acts 2022, c. 592, § 1, eff. July 1, 2022; Acts 2022, c. 593, § 1, eff. July 1, 2022.
Formerly Art. 89B, §§ 33, 34.
MD Code, Transportation, § 8-408, MD TRANS § 8-408
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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