556 LAWS OF MARYLAND. [CH. 242

CHAPTER 242.

AN ACT to repeal and re-enact with amendments Section 154
of Article 81 of the Annotated Code of Maryland (Volume
4), entitled "Revenue and Taxes, " sub-title "State Tax
Commissioner, " as said Section 154 was re-enacted by Chap-
ter 233 of the Acts of the General Assembly of Maryland
of 1920.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Section 154 of Article 81 of the Annotated Code
of Maryland (Volume 4), entitled "Revenue and Taxes, " sub-
title "State Tax Commissioner, " as said Section 154 was re-
enacted by Chapter 233 of the Acts of the General Assembly
of Maryland of 1920, be and the same is hereby repealed and
re-enacted with amendments so as to read as follows:

154. All corporations subject to assessment on property or
shares or against which any tax is calculated by the State Tax
Commission of Maryland, as is now or hereafter may be pro-
vided by law, shall file with the said Commission an annual
report in such manner and calling for replies to such interrog-
atories, as may be determined upon by said Commission, said
report to be filed not later than the fifteenth day of March in
each and every year as of the first day of January preceding
said fifteenth day of March, and said Commission in determin-
ing any tax, or in entering any assessment against any corpora-
tion, shall base its action upon the status of such corporation
as of said January first.

Upon the failure, refusal or neglect of any corporation
through its officers to make and file a report required by this
section and by the time herein set out, the State Tax Commis-
sion shall impose on such corporation a penalty of five dollars,
and in addition one dollar for each period of ten days and
fractional part up to the first day of June, when there shall
be an additional penalty of ten dollars, and thereafter one dol-
lar for each period of ten days or fraction thereof.

The penalties herein provided for shall be calculated until
the date of the filing of a report by the corporation, or until
the date when an assessment is computed by the said Commis-
sion without the filing of a report.

At the time such report is filed or such assessment made
without such report, the State Tax Commission shall certify
to the Comptroller the name of every corporation, part-
nership or individual penalized, together with the amount