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Session Laws, 1971
Volume 707, Page 1740   View pdf image
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1740                            Laws of Maryland                      [Ch. 788

property of railroads, land and nonoperating property of public
utilities, and public utility operating property.

If for any county or Baltimore City, the State Department of
Assessments and Taxation shall estimate that real property is assessed
at less than 50 percent or at more than 56 percent, of the assessed
valuation of those categories which are estimated to be under- or
over-assessed, on the basis of surveys made under the provisions of
Section 232(14) of Article 81 of this Code, shall be adjusted (up
to 50 percent, if below that ratio, or down to 56 percent, if above
that ratio and not above 60 percent); and such adjustments shall
apply only to those categories of property which are locally assessed;
and any estimated assessed valuation in excess of 60 percent shall
be included for the purpose of calculating State aid. Provided, that
the
THE ratio survey utilized in the calculation of State aid for a
fiscal year shall be the most recent survey which has been issued as
of July 1 of the fiscal year;
PROVIDED, THAT FOR THE 1971
AND 1972 FISCAL YEARS ONLY, THE USE OF THE
MOST RECENT SURVEY SHALL NOT DIMINISH THE STATE
AID FOR ANY COUNTY OR BALTIMORE CITY THAT WOULD
HAVE RESULTED FROM USE OF THE MOST RECENT SUR-
VEY ISSUED AS OF JULY 1 OF THE FISCAL YEAR FOR
WHICH THE STATE AID CALCULATION IS BEING MADE.

Sec. 2. And be it further enacted, That the survey of ratio of
assessment made under the provisions of Section 232(14) of Article
81 of the Code, utilized by the Department of Education in the calcu-
lation of State aid for the 1971 fiscal year shall be the survey con-
tained in the Twenty-Seventh TWENTY-EIGHT Biennial Report
of the State Department of Assessments and Taxation EXCEPT
THAT IF USE OF THIS SURVEY SHALL DIMINISH THE
STATE AID FOR ANY COUNTY OR BALTIMORE CITY IN
THE 1971 FISCAL YEAR THE SURVEY CONTAINED IN THE
TWENTY-SEVENTH BIENNIAL REPORT OF THE DEPART-
MENT OF ASSESSMENTS AND TAXATION SHALL BE
UTILIZED IN CALCULATING THE STATE AID FOR THE 1971
FISCAL YEAR.

Sec. 3. And be it further enacted, That this Act is hereby declared
to be an emergency measure and necessary for the immediate preser-
vation of the public health and safety and having been passed by a
yea and nay vote supported by three-fifths of all the members elected
to each of the two Houses of the General Assembly, the same shall
take effect from the date of its passage.

Approved May 28, 1971.

CHAPTER 788
(House Bill 1053)

AN ACT to repeal and re-enact, with amendments, Sections 4-103,
4-107(b), 4-107(d) and 4-110 of Article 66½ of the Annotated
Code of Maryland (1970 Replacement Volume), title "Vehicle
Laws," subtitle "Subtitle 4. Antitheft Laws," to repeal and re-enact,

 

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Session Laws, 1971
Volume 707, Page 1740   View pdf image
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