Ch. 601

1996 LAWS OF MARYLAND

1.       a property listed individually on the National Register of
Historic Places, or a national register historic or landmark district; or

2.       a property or district designated as a historic property or
district under local law; [and] OR

3.       A PROPERTY INCLUDED WITHIN THE BOUNDARIES OF A
STATE DESIGNATED CERTIFIED HERITAGE AREA UNDER § 13-1112 13-1111 OF THE
FINANCIAL INSTITUTIONS ARTICLE; AND

(ii) FOR A PROPERTY OR DISTRICT UNDER PARAGRAPH (3)(I)1 OR 2
OF THIS SUBSECTION, determined by the local historic district commission to be
compatible with local historic preservation standards.

13-209.

(d) (1) Subject to subsection (e) of this section, for the fiscal year commencing
July 1, 1995 and for each subsequent fiscal year, the balance of the revenue in the special
fund, not required under subsection (b) of this section, shall be allocated as provided in
this subsection.

(2) Until the outstanding debt authorized under the Outdoor Recreation
Land Loan of 1969 has been reduced to zero, at least $1,000,000 shall be allocated in the
State budget for reduction of State debt authorized under that loan.

(3) The balance in excess of the amounts allocated in paragraph (2) of this
subsection shall be allocated in the State budget as follows:

(i) 83.5% for the purposes specified in Title 5, Subtitle 9 of the
Natural Resources Article (Program Open Space), OF WHICH UP TO $1,000,000 SHALL
MAY BE ALLOCATED TRANSFERRED BY AN APPROPRIATION IN THE STATE BUDGET. OR
BY AN AMENDMENT TO THE STATE BUDGET UNDER TITLE 7, SUBTITLE 2 OF THE STATE
FINANCE AND PROCUREMENT ARTICLE. TO THE MARYLAND HERITAGE AREAS
AUTHORITY FINANCING FUND, AS REQUIRED AUTHORIZED BY § 5-903 OF THE
NATURAL RESOURCES ARTICLE;

(ii) 14.5% for the Agricultural Land Preservation Fund established
under § 2-505 of the Agriculture Article; and

(iii) 2% for the Heritage Conservation Fund established under Title 5,
Subtitle 15 of the Natural Resources Article.
Article - Natural Resources
5-903.

(a) (1) One OF THE FUNDS DISTRIBUTED TO PROGRAM OPEN SPACE UNDER §
13-209 OF THE TAX - PROPERTY ARTICLE, $1,000,000 MAY BE TRANSFERRED BY AN
APPROPRIATION IN THE STATE BUDGET, OR BY AN AMENDMENT TO THE STATE BUDGET
UNDER TITLE 7, SUBTITLE 2 OF THE STATE FINANCE AND PROCUREMENT ARTICLE TO
THE MARYLAND HERITAGE AREAS AUTHORITY FINANCING FUND ESTABLISHED UNDER
TITLE 13, SUBTITLE 11 OF THE FINANCIAL INSTITUTIONS ARTICLE TO BE USED FOR THE
PURPOSES PROVIDED IN THAT SUBTITLE.

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