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expenditures become effective until approved by the local
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governing body, unless the State legislature provides
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sufficient funds to meet the increased cost of the local
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expenditure.
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"The third subject I propose to discuss is that
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of taxation. It is generally acknowledged that there are
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only three broad-based taxes: The income tax, the sales
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tax, and the property tax. At the present time, the State
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appropriates for its own use, to a greater or lesser, extent,
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all three of these sources. The local subdivisions tradi-
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tionally have had available only the property tax as a major
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source. The 1966 legislature, in special session, respond-
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ing to the desperate financial plight of Baltimore City, die
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authorize for one year only a local income tax", this author!
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zation, for the purpose of my. discussion, will be ignored
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because of its limited duration. On the other hand, the
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Cooper Commission, of which I was a member, recommended
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that the property tax be reserved to the political sub-
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divisions. Currently, the State utilizes the property tax.
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to service its bonded debt. The current State rate of
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fifteen cents per $100 of assessed valuation returns to the
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