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Session Laws, 1912
Volume 370, Page 1658   View pdf image
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1658 LAWS OF MARYLAND. [Ch. -483]

CHAPTER 483.

AN ACT to repeal and re-enact with amendments section 22 of Article

81 of the Code of Public General Laws, title "Revenue and Taxes,"

sub-title "Rate and Items of State Tax," as said section was amended

by the Acts of the General Assembly of 1910, Chapter 257.

SECTION 1. Be it enacted by the General Assembly of Maryland,

That section 22 of Article 81 of the Code of Public General Laws, title

"Revenue and Taxes," sub-title "Rate and Items of State Tax," as said

section was amended by the Acts of the General Assembly of 1910,

Chapter 257, be and the same is hereby repealed and re-enacted so as

to read as follows:

22. The county commissioners of the several counties of the State
and the Mayor and City Council of Baltimore are directed to levy the
State taxes, to be collected according to law, and to be apportioned for
the year nineteen hundred and thirteen (1913) and annually thereafter,
as follows: A tax of sixteen and one-eight (16 1/8) cents on each one
hundred dollars to aid in the support of the public schools, to be dis-
tributed according to law among the several counties and the City of
Baltimore; a tax of five and one-half (5 1/2) cents on each one hundred
dollars, to meet the interest and create a sinking fund for the redemp-
tion of the "State Road Loan," a tax of three-fourths (%) of one cent
on each one hundred dollars, to meet the interest and create a sinking
fund for the redemption of the "State Insane Hospital Loan;" a tax of
three-fourths (3/4) of one cent on each one hundred dollars, to meet the
interest and create a sinking fund for the redemption of the "Public
Highways Loan of 1910;" a tax of three-fourths (3/4) of one cent on
each one hundred dollars, to meet the interest and create a sinking fund
for the redemption of "The Maryland State Normal School Loan;" a
tax of three-fourths of one cent on each one hundred dollars, to meet
the interest and create a sinking fund for the redemption of "The Tech-
nical School of 1912 Loan;" a tax of seven-eighths (7/8) of one cent on
each one hundred dollars, to meet the interest and create a sinking fund
for the redemption of the "Second Insane Hospital Loan;" a tax of one-
'half (1/2) of one cent on each one hundred dollars, to meet the interest
and create a sinking fund for the redemption of "The Consolidated
Loan of 1913;" a tax of one cent (1) on each one hundred dollars, to
meet the interest and create a sinking fund for the redemption of "The
Public Buildings Loan;" a tax of three (3) cents on each hundred dol-
lars, to meet the interest and create a sinking fund for the redemption
of "The State Loan of 1912;" and a tax of one cent (1) on each one
hundred dollars, for the maintenance of State roads, making an aggre-
gate of thirty-one (31) cents on each one hundred dollars; and the
Comptroller of the Treasury shall levy the same State taxes on the
shares of the capital stock of all banks, State and National, and other
incorporated institutions and companies of this State, the shares of
whose capital stock are liable by law to assessment and taxation.
Approved July 25, 1912.

 

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Session Laws, 1912
Volume 370, Page 1658   View pdf image
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