322 MARYLAND MANUAL [Art. 3, Sec. 52]

ishment thereof, be forever disfranchised and disqualified
from holding any office of trust, or profit, in this State.

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. (1) The General Assembly shall not appro-
priate any money out of the Treasury except in accordance
with the provisions of this section.

(2) Every appropriation bill shall be either a Budget
Bill, or a Supplementary Appropriation Bill, as hereinafter
provided.

(3) Within twenty days after the convening of the Gen-
eral Assembly in odd-numbered years (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, and on the first Wednesday in
February in even-numbered years, the Governor shall sub-
mit to the General Assembly a Budget for the next ensuing
fiscal year. Each Budget shall contain a complete plan of
proposed expenditures and estimated revenues for said fis-
cal year and shall show the estimated surplus or deficit of
revenues at" the end of the preceding fiscal year. Accom-
panying each Budget shall be a statement showing: (a) the
revenues and expenditures for the preceding fiscal year;

(b) the current assets, liabilities, reserves and surplus or
deficit of the State; (c) the debts and funds of the State;

(d) an estimate of the State's financial condition as of the
beginning and end of the preceding fiscal year; (e) any
explanation the Governor may desire to make as to the im-
portant features of the Budget and any suggestions as to
methods for reduction or increase of the State's revenues.

(4) Each Budget shall embrace an itemized estimate of
the appropriations, as follows: (a) for the General Assem-
bly as certified to the Governor in the manner hereinafter
provided; (b) for the Executive Department; (c) for the

' Thus amended by Chapter 426, Acts of 1890, ratified November 3, 1891.
t Thus amended by Chapter 497, Acts of 1947, ratified November 2, 1948.