Maryland · Maryland Code — Transportation Article
Md. Code, Transp. § 8-504: (a) (1) Each political subdivision of this State may raise funds to obtain the benefits of the federal acts by: (i) Issuing bonds, interim certificates, and other evidences of debt or obligation; and (ii) Taxation
What this law says, in plain English
Political subdivisions may issue bonds and levy taxes to fund federal programs. State agencies may authorize use of highway revenues or state funds to match required federal funding.
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