clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
Session Laws, 1933 (Special Session)
Volume 578, Page 93   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

ALBERT C. RITCHIE, GOVERNOR. 93

All money received from the redemption and from the sale
of property sold for taxes and/or special assessments in
any year shall be kept in a separate fund, identified by the
year in which the sale for taxes and/or special assessments
is made and designated as "19... —..... Tax Sale Fund", and
shall be applied solely to the payment of the principal and
interest of certificates of indebtedness and renewals thereof
or new certificates, issued in anticipation of the receipt of
such monies. The County Commissioners may purchase or
redeem before maturity any of such certificates offered. In
each year in which property is sold for taxes and/or
special assessments there shall be included in the
annual tax levy an amount sufficient to pay one year's
interest on all certificates of indebtedness author-
ized or to be authorized by said Board in antici-
pation of the receipt of monies from the redemption and
from the sale of property sold for such taxes and/or special
assessments. In each year thereafter there shall be in-
cluded in the annual tax levy an amount sufficient to pro-
vide for the payment of the principal and interest of all
certificates of indebtedness as the same shall fall due, pro-
vided, however, that the amount of such tax shall
be reduced by the amount received into the fund which is
pledged to the payment of such certificates of indebtedness.
After the payment of the principal and interest of all cer-
tificates of indebtedness issued in anticipation of the re-
ceipt of money from the redemption and sale of property
sold for taxes and/or special assessments in any year, all
funds received from the sale or redemption of property sold
for such taxes and/or special assessments shall be paid into
the general fund of the county. Money received from the
sale of certificates of indebtedness shall be used so far as
necessary for the payment of appropriations made for the
fiscal year in which the tax sale occurs or for the payment
of loans or interest thereon made for the purpose of paying
such appropriations.

SEC. 2. And be it further enacted, That this Act is de-
clared to be an emergency law and necessary for the im-
mediate preservation of the public health, safety and wel-
fare, and being passed by a yea and nay vote, supported by
three-fifths of all of the members elected to each of the two
houses of the General Assembly, the same shall take effect
from the date of its passage.

Approved December 15, 1933.

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1933 (Special Session)
Volume 578, Page 93   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  October 10, 2023
Maryland State Archives