§ 8-401. Definitions
West's Annotated Code of MarylandTransportationEffective: July 1, 2019
Effective: July 1, 2019
MD Code, Transportation, § 8-401
§ 8-401. Definitions
(c) “Debt service” means the amount annually needed to pay the maturing principal of and interest on bonds, notes, and other evidences of obligation and to meet sinking fund requirements for these purposes.
(c-1) “Eligible municipality” means a municipality authorized by law to construct or maintain streets or roads.
(d) “Highway user revenues” means the capital grants appropriated to Baltimore City, counties, and municipalities under § 8-403(b) of this subtitle.
Credits
Added by Acts 1977, c. 13, § 2, eff. July 1, 1977. Amended by Acts 1985, c. 569, § 2; Acts 1985, c. 607; Acts 1987, c. 291, § 4; Acts 2010, c. 484, § 10, eff. June 1, 2010; Acts 2014, c. 638, § 1, eff. July 1, 2014; Acts 2018, c. 330, § 1, eff. July 1, 2018; Acts 2018, c. 330, § 2, eff. July 1, 2019; Acts 2018, c. 331, § 1, eff. July 1, 2018; Acts 2018, c. 331, § 2, eff. July 1, 2019.
MD Code, Transportation, § 8-401, MD TRANS § 8-401
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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