Maryland Environment Section 9-712

      (a)      While any bonds issued under Part II of this subtitle are outstanding, the municipal authority annually shall levy a tax against all of the assessable property served within the municipality to pay the principal and interest on the bonds.

      (b)      The tax shall be:

            (1)      Sufficient to pay:

                  (i)      When due, the principal and interest on the bonds; or

                  (ii)      The part of the principal or interest on the bonds that is not paid for by the levy of the annual front-foot assessment under § 9-713 of this subtitle or by the service charges collected under § 9-714 of this subtitle; and

            (2)      Treated the same as any other municipal tax in every respect, including as to:

                  (i)      Priority rights;

                  (ii)      Interest;

                  (iii)      Penalties; and

                  (iv)      Manner of determination, levy, and collection.

      (c)      (1)      Each person involved in the levy or collection of the taxes shall perform the duties promptly and properly.

            (2)      A person may not use any funds collected under this section for any purpose other than the payment of principal and interest on the bonds.