J. MILLARD TAWES, Governor                        63

(ii) The term "computation date" with respect to rates of con-
tribution for any fiscal year means March 31 of the preceding fiscal
year.

(iii) The term "annual payroll" means the total amount of wages
for employment paid by an employer within any calendar year with
respect to which contributions have been paid on or before the com-
putation date.

(iv) The term "principal base period employer" means the em-
ployer by whom an individual was paid the largest amount of his
base period wages.

(v) The term "base period wages" means the wages paid to an
individual during his base period for insured work.

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1964.

Approved April 7, 1964.

CHAPTER 26

(Senate Bill 117)

AN ACT to add new Sub-Section 58 to Section 9 of Article 81 of the
Annotated Code of Maryland (1957 Edition and 1963 Supplement),
title "Revenue and Taxes", sub-title "What Shall be Taxed and
Where", to follow immediately after Sub-section 57 thereof ex-
empting from all taxation improved airstrips owned by private
airports but open to use by public. PROVIDING A POSSIBLE
PROPERTY TAX EXEMPTION FOR CERTAIN IMPROVED
AIRPLANE LANDING STRIPS OWNED BY PRIVATE PER-
SONS, FIRMS OR CORPORATIONS AND RELATING TO THE
CONDITIONS AND REQUIREMENTS FOR THIS TAX EX-
EMPTION.

Section 1. Be it enacted by the General Assembly of Maryland,
That new Sub-Section 58 be and it is hereby added to Section 9 of
Article 81, of the Annotated Code of Maryland (1957 Edition and
1963 Supplement), title "Revenue and Taxes", sub-title "What Shall
be Taxed and Where", to follow immediately after Sub-Section 57
thereof and to read as follows:

(58) Improvements made to airplane land strips which are owned

by private persons, firms or corporations but which are used by the

general public.

(58) FOR PURPOSES OF COUNTY TAXATION ONLY, AND
IN THE DISCRETION OF THE BOARD OF COUNTY COM-
MISSIONERS, COUNTY COUNCIL OR MAYOR AND CITY
COUNCIL OF BALTIMORE, IMPROVED AIRPLANE LANDING
STRIPS, EXCLUSIVE OF THE VALUE OF THE LAND UPON
WHICH THEY ARE LOCATED, WHICH ARE OWNED BY PRI-
VATE PERSONS, FIRMS OR CORPORATIONS, AND WHICH
ARE USED BY THE GENERAL PUBLIC AND LICENSED PUR-
SUANT TO THE PROVISIONS OF ARTICLE 1A OF THIS CODE.