J. MILLARD TAWES, GOVERNOR                       1305

CHAPTER 789
(House Bill 535)

AN ACT to repeal Section 749 of Article 11 of the Code of Public
Local Laws of Maryland (1930 Edition), as amended by Chapter
581 of the Acts of 1935, title "Frederick County", sub-title "Taxes",
and to enact new Section 749 to stand in the place and stead of the
section so repealed, providing for the assessment of property and
collection of taxes and relating generally to taxes and the collec-
tion of taxes in Frederick County.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 749 of Article 11 of the Code of Public Local Laws of
Maryland (1930 Edition), as amended by Chapter 581 of the Acts of
1935, title "Frederick County", sub-title "Taxes", be and it is hereby
repealed, and that a new Section 749 be and it is hereby enacted to
stand in the place and stead of the section so repealed, and to read
as follows:

749. (a) For the assessment of real and tangible personal property
subject to taxation in Frederick County the date of finality shall be
the first day of January in each and every year. The valuation of
said real and personal property as it shall appear on the assessment
books on the first day of January shall be final and conclusive and
constitute the basis upon which taxes for the year commencing on
said day shall be assessed and levied.

(b)  All county taxes shall be due as soon as they are levied and
if not paid on or before the thirtieth day of September of the year
in which they are levied shall bear interest from the first day of
October until paid, at the rate of six per centum per annum, and at
any time after the first day of January next succeeding the date of
the levy, and not before, payment may be enforced by sale as provided
by law.

(c)  Taxes may be paid in two equal installments, but interest shall
be paid from the first day of October for all taxes not paid on or
before the thirtieth day of September. It shall be the duty of the
County Treasurer to make bills for taxes in such form as to permit
the payment of taxes in two installments, but nothing in this section
shall prevent the payment of all taxes at one time.

(d)  Provided, however, there shall be made a semi-annual assess-
ment and levy for the purpose of county and municipal taxation on
the first day of July in each and every year on all new buildings
which are substantially completed, and on all standing buildings upon
which improvements, enlargements, alterations or additions are sub-
stantially completed between the first day of January and the thirtieth
day of June, but the tax due as a result of said levy shall be only
one-half of the tax levied and assessed against the said property for
the entire year. The Board of County Commissioners of Frederick
County is hereby authorized and empowered to provide by ordinance

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.