1842 LAWS OF MARYLAND [CH. 616

ceding January 1, 1954 until completion of the first full
cycle of reappraisals in the county involved, or in Balti-
more City, as the case may be, pursuant to Section 175
(8) (b) of this Article, and thereafter all property di-
rected by this Article to be assessed in such county or city,
as the case may be, shall be appraised and assessed at such
value as would have been the full cash value thereof on
the date of finality terminating or next following the com-
pletion of the last preceding cycle of reappraisals in such
county or city under Section 175 (8) (b) of this Article.

14. In valuing and assessing real estate, the land it-
self and the buildings or other improvements thereon shall
be valued and assessed separately; [and such buildings or
improvements shall be assessed at such sum, if any, as
they may add to the fair market value of the land; ] and
buildings or improvements not substantially completed on
the date of finality shall not be assessed at all. In case of
the separate ownership of the surface of land and of min-
erals or mineral rights therein, the assessing authority
may, in its discretion, make separate assessments of the
value of the surface and of such minerals or mineral rights.

SEC. 2. And be it further enacted, That sub-sections (5)
and (8) of Section 175 of Article 81 of the Annotated
Code of Maryland (1947 Supp. ), title "Revenue and
Taxes, " sub-title "General Provisions, " heading "State
Tax Commission, " be and they are hereby repealed, and
two new sub-sections be and they are hereby enacted in
lieu thereof, said new sub-sections to be known as sub-
sections (5) and (8) of said Section 175, to follow im-
mediately after sub-sections (4) and (7), respectively, of
said Section 175, and to read as follows:

175.

(5) To prepare and install for each county and Balti-
more City a complete record of properties and system of
appraisal aids consisting of property description cards,
property location maps, land classification maps, unit value
maps, and records of new construction, sales, building
costs and private appraisals, together with proper indexes
and cross-indexes. It shall be the duty of the Commission
to complete this work by January 1, 1954, so that by that
date each county and Baltimore City shall have a complete
record of properties and system of appraisal aids. The
Commission shall establish and prescribe all forms, notices,
records, reports and office procedures for the supervisors
of assessments and assessors and shall so supervise the