56 LAWS OF MARYLAND. [CH. 72

6. (2) All tangible personal properties located in this State,
by whomsoever owned, including that owned or leased by the
United States, or any department or agency of the United
States, to the fullest extent possible under the Constitution of
the United States and laws of the United States pursuant
thereto and in conformity therewith, in the county and/or city
in which the same are respectively permanently located, pro-
vided that tangible personal property located in this State,
and not permanently located in any county or city shall, except
as provided in paragraph (5), be subject to taxation in the
county and/or city in which the owner resides.

7. (21) Any property exempted from taxation by this State
by the Constitution of the United States or by any Act of Con-
gress passed pursuant to and in conformity with the Constitu-
tion of the United States, only to the extent that such exemp-
tion is so required and no further.

SEC. 2. And be it further enacted, That any and all public
general laws or public local laws or any part or parts thereof
inconsistent with the provisions of this Act are hereby repealed
to the extent of any such inconsistency.

SEC. 3. And be it further enacted, That should any section,
or part of section of this Act be held invalid for any reason,
such holding shall not be construed as affecting the validity of
any remaining section or part of a section, it being the legisla-
tive intent that the remainder of this Act shall stand, notwith-
standing the invalidity of such section or part of a section.

SEC. 4. And be it further enacted, That this Act is hereby
declared to be an emergency law |ind necessary for the imme-
diate preservation of the public health and safety, and being
passed by a yea and nay vote, supported by three-fifths of all
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 February 9, 1945.

CHAPTER 72.
(Senate Bill 79)

AN ACT to repeal and re-enact, with amendments, Section 257
of Article 81 of the Annotated Code of Maryland (1939 Edi-
tion), title "Revenue and Taxes'', sub-title "Income Tax", re-
lating to penalty for failure to file return or report.