386                              LAWS OF MARYLAND                       [CH. 176

NOTATED CODE OF MARYLAND (1965 REPLACEMENT
VOLUME), TITLE "REVENUE AND TAXES", SUBTITLE
"WHEN TAXES ARE PAYABLE"; TO ADD NEW SECTION
48 (E) TO THE SAID ARTICLE AND SUBTITLE OF THE
CODE, TO FOLLOW IMMEDIATELY AFTER SECTION 48
(D) THEREOF, TO CHANGE THE DATES ON WHICH ORDI-
NARY TAXES IN BALTIMORE CITY ARE DUE AND PAY-
ABLE AND TO CHANGE THE TIME WHEN DISCOUNTS
AND INTEREST ARE APPLICABLE TO THE PAYMENT OF
SUCH TAXES.

Section 1. Be it enacted by the General Assembly of Maryland,
That notwithstanding any provisions of Section 48 of Article 81 of
the Annotated Code of Maryland (1965 Cumulative Supplement),

ordinary State and City taxes in Baltimore City which are due and

payable July 1, 1966, shall be overdue and in arrears on the first day
of February, 1967, and from and after this day of February 1, 1967,
they shall bear interest at the rate one half (½) of one per centum

(1%) for each month or fraction thereof until paid, and the Mayor

and City Council of Baltimore by ordinance may allow such discounts

for payments made prior to said February 1, 1967, and may impose

and collect after that date such penalties for failure to make payment

by or after that day, as prior to July 1, 1966, may have been fixed

by ordinance of the Mayor and City Council of Baltimore.
THAT SECTIONS 48 (A) AND 48 (B) OF ARTICLE 81 OF THE
ANNOTATED CODE OF MARYLAND (1965 REPLACEMENT
VOLUME), TITLE "REVENUE AND TAXES", SUBTITLE
"WHEN TAXES ARE PAYABLE", BE AND THEY ARE HEREBY
REPEALED AND RE-ENACTED, WITH AMENDMENTS; AND
THAT NEW SECTION 48 (E) BE AND IT IS HEREBY ADDED
TO THE SAID ARTICLE AND SUBTITLE OF THE CODE, TO
FOLLOW IMMEDIATELY AFTER SECTION 48 (D) THEREOF,
AND ALL TO READ AS FOLLOWS:

48.

(A)   EXCEPT IN BALTIMORE CITY AS TO CITY TAXES
FOR WHICH PROVISION IS MADE BY SUBSECTION (E), ALL
ORDINARY STATE,. COUNTY, INCORPORATED CITY OR
TOWN, AND TAXING DISTRICT TAXES, ARE DUE AND PAY-
ABLE WITHOUT INTEREST AS OF THE FIRST DAY OF JULY
IN EACH TAXABLE YEAR; THESE TAXES ARE OVERDUE
AND IN ARREARS ON THE FIRST DAY OF THE SUCCEED-
ING OCTOBER, AND FROM AND AFTER THIS DAY OF OCTO-
BER 1 THEY SHALL BEAR INTEREST AT THE RATE OF ½
OF 1 PER CENTUM FOR EACH MONTH OR FRACTION
THEREOF UNTIL PAID.

(B)   ANY COUNTY, CITY OR TOWN, OR TAXING DISTRICT
AS TO ITS OWN TAXES, MAY ALLOW SUCH DISCOUNTS FOR
PAYMENTS MADE PRIOR TO THIS DAY OF OCTOBER 1, AND
MAY IMPOSE AND COLLECT AFTER OCTOBER 1 SUCH PEN-
ALTIES FOR FAILURE TO MAKE PAYMENT BY OR AFTER
THAT DAY, AS PRIOR TO THE DATE OF FINALITY MAY
HAVE BEEN FIXED BY RESOLUTION OF THE COUNTY COM-
MISSIONERS OR COUNTY COUNCIL, ORDINANCE OR RESO-
LUTION OF THE CITY OR TOWN, OR RESOLUTION OF THE