256 LAWS OF MARYLAND [CH. 95

of its deposits from its net earnings in any one year as an addition
to its guarantee fund until such impairment is fully restored.

SEC. 2. And be it further enacted, That this Act shall take effect
June 1, 1960.

Approved March 23, 1960.

CHAPTER 95

(Senate Bill 47)

AN ACT to repeal and re-enact, with amendments, Section 29 (a)
and (b) of Article 81 of the Annotated Code of Maryland (1959
Supplement), title "Revenue and Taxes", sub-title "Notice as to
Assessments"; and to add a new sub-section (g) to said Section
29, to follow immediately after sub-section (f) thereof, amending
the laws concerning the giving of notice as to assessments with
particular respect to applications for a change, or refusal to change
an existing valuation or classification, and to the notice of the final
valuation sent in such circumstances to the person protesting or
requesting a change in such valuation.

SECTION 1. Be it enacted by the General Assembly of Maryland,
That Section 29 (a) and (b) of Article 81 of the Annotated Code of
Maryland (1959 Supplement), title "Revenue and Taxes", sub-title
"Notice as to Assessments" be and it is hereby repealed and re-en-
acted with amendments; and that a new sub-section (g) be and the
same is hereby added to said Section 29 to follow immediately after
sub-section (f) thereof, and all to read as follows:

29. (a) When required. —Before (1) any existing valuation of
property for tax purposes shall be increased, or (2) any classification
of any property changed, or (3) any tax liability against any person
transferred to another person, or (4) any new valuation of property
made against any person; or whenever any person applies for a
change in an existing valuation or classification and there is a change
or refusal to change an existing valuation or classification, either by
the State Department of Assessments and Taxation (acting within
its original jurisdiction), the supervisors of assessments for the
county or department of assessments of Baltimore City, it shall be
the duty of the appropriate authority to notify the person against
whom it is proposed to make, increase, [or] change or refuse to
change such valuation or classification by a written or printed notice,
appointing a day for such person to make answer thereto or present
such proof as he may desire in the premises.

(b) Service. —Such notice shall be served on such person at least
twenty days before the date of finality or the day of hearing ap-
pointed therein, in the following manner, that is to say, either (1)
by personal service in the manner in which original process in an

EXPLANATION: Italics indicate new matter added to existing law.

[Brackets] indicate matter stricken from existing law.

CAPITALS indicate amendments to bill.

Strike out indicates matter stricken out of bill.