10 LAWS OF MARYLAND [CH. 2

284A, to follow immediately after Section 284 thereof,
and to be under the sub-title "Income Tax", reducing
the amount of income tax payable on the net income of
every resident individual of this State and on the net
income, taxable in this State, of every individual not a
resident of this State, under the income tax laws of this
State, for the calendar year 1952, if the taxpayer's year
is a calendar year, and for the fiscal year beginning in
1952 and ending in 1953, if the taxpayer's year is a fiscal
year, said reduction to be in an amount equal to fifteen
per centum (15%) of the amount of said tax otherwise
due under the income tax laws of this State.

WHEREAS, the revenues being collected by the State are
expected greatly to exceed the estimates of revenue for the
fiscal year ending June 30th, 1953; and

WHEREAS, a surplus will have accrued on that date
which can be partly devoted to a reduction in taxes for the
following fiscal year; and

WHEREAS, the State should grant relief to the over-
burdened taxpayers by reducing the State income tax on
individuals in order to prevent revenues from being
greatly in excess of the actual needs of the State Govern-
ment; now therefore

SECTION 1. Be it enacted by the General Assembly of
Maryland, That a new section be and the same is hereby
added to Article 81 of the Annotated Code of Maryland
(1951 Edition), title "Revenue and Taxes", said new sec-
tion to be known as Section 284A, to follow immediately
after Section 284 thereof, to be under the sub-title "Income
Tax", and to read as follows:

284A. The amount of income taxes payable on the net
income of every resident individual of this State and on
the net income, taxable in this State, of every individual
not a resident of this State, for the calendar year 1952, if
the taxpayer's year is a calendar year, and for the fiscal
year beginning 1952, and ending in 1953, if the taxpayer's
year is a fiscal year, shall be reduced in an amount equal
to fifteen per centum (15%) of the total income tax other-
wise due and payable as computed according to the exist-
ing income tax laws of this State.

SEC. 2. And be it further enacted, That all laws or parts
of laws inconsistent with the provisions of this Act be