Maryland · Maryland Code — Transportation Article
Md. Code, Transp. § 3-305: (a) After notification by the county, the Department shall determine the total proceeds of the highway user revenues allocable to the county under Title 8, Subtitle 4 of this article, exclusive of any amounts distributed to any municipalities in the county
What this law says, in plain English
The Department determines highway user revenue allocable to counties and calculates bonding capacity based on available revenues and existing debt obligations, then notifies counties of bond issuance amounts.
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