MARYLAND MANUAL 293.
SEC. 51. The personal property of residents of this
State shall be subject to taxation in the county or city
where the resident bona fide resides for the greater part of
the year for which the tax may or shall be levied, and not
elsewhere, except goods and chattels permanently located,
which shall be taxed in the city or county where they are
so located, but the General Assembly may by law provide
for the taxation of mortgages upon property in this State
and the debts secured thereby in the county or city where
such property is situated. 1.
SEC. 52. The General Assembly shall not appropriate
any money out of the Treasury except in accordance with
the following provisions:.
Sub-Section A: Every appropriation bill shall be either
a Budget Bill, or a Supplementary Appropriation Bill, as
hereinafter mentioned..
Sub-Section B: First. Within twenty days after the
convening of the General Assembly (except in the case of a
newly elected Governor, and then within thirty days after
his inauguration), unless such time shall be extended by
the General Assembly for the session at which the Budget
is to be submitted, the Governor shall submit to the General
Assembly two budgets, one for each of the ensuing fiscal
years. Each budget shall contain a complete plan of pro-
posed expenditures and estimated revenues for the particu-
lar fiscal year to which it relates'; and shall show the esti-
mated surplus or deficit of revenues at the end of such
year. Accompanying each budget shall be a statement show-
ing: (1) the revenues and expenditures for each of the two
fiscal years next preceding; (2) the current assets, liabili-
ties, reserves and surplus or deficit of the State; (3) the
debts and funds of the State; (4) an estimate of the State's
financial condition as of the beginning and end of each of
the fiscal years covered by the two budgets above provided;
(5) any explanation the Governor may desire to make as to
the important features of any budget and any suggestion
as to methods for reduction or increase of the State's
revenue..
Second. Each budget shall be divided into two parts, and
the first part shall be designated "Governmental Appropria-
tions" and shall embrace an itemized estimate of the ap-
propriations: (1) for the General Assembly as certified to
the Governor in the manner hereinafter provided; (2) for.
1 Thus amended by Chapter 426, Acts of 1890. ratified by the people Novem-
ber 3, 1891..
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