§ 4-313. Transportation Authority Fund
West's Annotated Code of MarylandTransportation
MD Code, Transportation, § 4-313
§ 4-313. Transportation Authority Fund
(a)(1) All rentals, rates, fees, tolls, and other charges and revenues derived from any transportation facilities project shall be set aside in a fund known as the “Transportation Authority Fund”, except to the extent that they are pledged under an applicable trust agreement to secure either:
(c)(1) Any amount set aside in the Transportation Authority Fund that is not needed to provide for the payment of the items specified in subsections (a)(2) and (b) of this section may be transferred, upon the recommendation of the Secretary and after the approval of the Board of Public Works, to the Transportation Trust Fund to be used as appropriated by the General Assembly unless prohibited by any applicable resolution or trust agreement.
Credits
Added by Acts 1977, c. 13, § 2, eff. July 1, 1977. Amended by Acts 1977, c. 280; Acts 1978, c. 941; Acts 1982, c. 727; Acts 1983, c. 8.
Formerly Art. 94A, § 18.
MD Code, Transportation, § 4-313, MD TRANS § 4-313
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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