14                               LAWS OF MARYLAND                         [CH. 8

year 1966, submitted to the legal and qualified voters thereof for
their adoption or rejection in pursuance of directions contained in
Article 14 of the Constitution of this State, and at the said general
election, the vote on the said proposed amendment to the Constitution
shall be by ballot, and upon each ballot there shall be printed the
words "For the Constitutional Amendment" and "Against the Con-
stitutional Amendment" as now prescribed by law, and immediately
after said election, due returns shall be made to the Governor of the
vote for and against said proposed amendment, as directed by said
Article 14 of the Constitution and further proceedings had in accord-
ance with said Article 14.

Approved February 18, 1965.

CHAPTER 8
(Senate Bill 44)

AN ACT to repeal and re-enact with amendments Section 8(8) of
Article 81 of the Annotated Code of Maryland (1964 Supplement),
title "Revenue and Taxes," subtitle "What Shall Be Taxed and
Where," amending the law concerning taxable property and lease-
holds and other limited interest in real or personal property in
order to remove therefrom an exception as to certain counties
thereby making this law statewide in effect.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 8(8) of Article 81 of the Annotated Code of Maryland
(1964 Supplement), title "Revenue and Taxes," subtitle "What Shall
Be Taxed and Where," be and it is hereby repealed and re-enacted
with amendments to read as follows:

8.

(8) No leasehold or other limited interest in real or tangible
personal property shall be subject to taxation except the following
which shall be subject to taxation in the same amount and to the
same extent as though the person in possession or the user thereof
were the owner of such property.

(a)    The interest of a tenant under a ninety-nine year lease of
real property within this State, whether or not renewable, or under
a lease for a shorter term which is perpetually renewable;

(b)    The interest of a life tenant or the owner of any other free-
hold estate in real or tangible personal property within this State;

(c)    The interest of a mortgagor or grantor under a deed of trust
in real property within this State;

(d)    The interest of a mortgagor, pledgor or conditional sale
vendee in tangible personal property within this State;

(e)    The interest or privilege of any lessee, bailee, pledgee, agent,
or other person in possession of or using any real or personal property
which is owned by the federal or State governments, and which is
leased, loaned, or otherwise made available to any person, firm, cor-