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§ 3-308. Authority of Comptroller to withhold highway user revenues

West's Annotated Code of MarylandTransportation

West's Annotated Code of Maryland
Transportation
Title 3. Financing by Department (Refs & Annos)
Subtitle 3. County Transportation Bonds (Refs & Annos)
MD Code, Transportation, § 3-308
§ 3-308. Authority of Comptroller to withhold highway user revenues
In any fiscal year, if the county fails to levy the tax authorized in its agreement with the Department and if the county's share of highway user revenues is insufficient to meet the debt service on bonds in that year, the State Comptroller, notwithstanding the provisions of Title 8, Subtitle 4 of this article on the distribution of highway user revenues, may withhold from the share of highway user revenues payable to municipalities in the county an amount sufficient to pay the debt service on the bonds in that year.

Credits

Added by Acts 1977, c. 13, § 2, eff. July 1, 1977.
Formerly Art. 89B, § 211G-1.
MD Code, Transportation, § 3-308, MD TRANS § 3-308
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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