1916] OF THE SENATE. 537

'Section 1. Be it enacted by the General Assembly of Mary-
land, That Section 48 of Article 81 of the Annotated Code of
Maryland, title "Revenue and Taxes, " sub-title "Collectors and
Collections, " be and the same is hereby repealed and re-enacted;
and Section 50 of said Article 81 of said Code, title "Revenue
and Taxes, " sub-title "Collectors and Collections, " and Sec-
tion 72 of said Article 81 of said Code, title "Revenue and
Taxes, " sub-title "Taxes when Due, " be and the same are
hereby repealed.

'48. (All persons and incorporated institutions that shall
pay their State taxes on or before the first day of September
of the year for which they were levied, shall be entitled to a
deduction of five per centum on the amount of said taxes;
all that shall pay the same on or before the first day of Octo-
ber of the said year shall be entitled to a deduction of four
per centum, and all that pay the same on or before the first
day of September of the said year shall be entitled to a de-
duction of three per centum; and at the time of receiving
said taxes the proper officer shall make the deductions afore-
said and note the same upon the receipts given to the persons
or incorporated institutions so paying, but nothing contained
in this section shall extend to taxes payable on the public
debt of Maryland or the stock loans of the City of Baltimore. )
The State taxes levied in pursuance of Section 28 of this
Article, and all taxes due from incorporated institutions of
this State, shall be due and payable on and after the first
day of July in the year in which they are levied, and if not
paid on or before the said first day of September in said year,
shall bear interest from said date at the rate of 6 per centum
per annum. It shall be the duty of the collectors or county
treasurer or other officers collecting said taxes to make monthly
returns and remittances to the Comptroller of the amounts
. thereof collected from time to time; and his compensation for
services in the collection and remittance of said taxes shall
be the sum levied for that purpose by the Mayor and City
Council of Baltimore city and the County Commissioners of the
respective counties of this State, as provided in this Article.
Said State taxes shall be in arrears on and after the first day
of January succeeding the date of levy, and it shall be the
duty of said collectors, treasurers and other officers who may
be charged with the collection of the same, immediately there-
after to proceed to collect said taxes in arrears in accordance
with the provisions of law for the collection of delinquent
taxes.