192

LAWS OF MARYLAND

Ch. 8

(A) GENERAL EXEMPTION.

EXCEPT AS PROVIDED IN SUBSECTION (B) OF THIS SECTION, RAW
MATERIALS AND MANUFACTURED PRODUCTS IN THE POSSESSION OF A
MANUFACTURER ARE NOT SUBJECT TO PROPERTY TAX.

(B). COUNTY EXCEPTIONS.

EXCEPT AS PROVIDED BY § 7-108 OF THIS TITLE, THE PERSONAL
PROPERTY DESCRIBED IN SUBSECTION (A) OF THIS SECTION IS SUBJECT
TO A COUNTY PROPERTY TAX ON 20% OF ITS ASSESSMENT IN ALLEGANY
COUNTY.

REVISOR'S NOTE: This section is new language derived
without substantive change from former Art. 81, §
9A(a) and (d)(1) and (2).

In subsection (a) of this section, the defined term
"property tax" is substituted for the former phrase
"from county and city taxation only" since the
relevant State property tax has been set at zero and,
therefore, this exemption is now a general "property
tax" exemption.

Also in subsection (a) of this section and as in §§
7-222 and 7-225 of this subtitle, the former
references to an exemption of personal property from
"assessment" are deleted to conform to the practice of
the Department of assessing the personal property for
statistical purposes.

In subsection (b) of this section, the reference to
"20%" of its assessment in Allegany County is
substituted for the former reference to "60%" to
reflect action taken under the authority of § 7-108 of
this title.

Also in subsection (b) of this section, the defined
term "assessment" is substituted for the former term
"total assessed value", for clarity.

Also in subsection (b) of this section, the former
references to a taxing power of "60%" in Garrett
County and "50%" in St. Mary's County are deleted to
reflect elimination of the tax under the general
authority of former Art. 81, § 9A(m), now § 7-108 of
this title. The revision reflects the present status
of exemption of this property under the 2 statutory
provisions.

Former Art. 81, § 9A(d)(3), which referred to the
taxing authority of Baltimore, Charles, and Howard
counties, is deleted in light of the elimination of
the tax under former Art. 81, § 9A(m), now § 7-108 of
this title.