SPIRO T. AGNEW, Governor                        153

to be under the new subtitle "State Grants to Subdivisions"; and to
repeal and re-enact, with amendments, Sections 279, 282, 288, 313,
315 and 323 of said Article and title, subtitle "Income Tax"; and to
repeal Sections 280, 281, 283, 287, 289 and 323A of said Article,
title and subtitle, and to enact new Sections 280, 281, 283, 287, 289
and 323A to stand in the place of the corresponding Sections re-
pealed; AND TO ADD NEW SECTION 280A TO SAID ARTICLE
AND SUBTITLE, TO FOLLOW IMMEDIATELY AFTER SEC-
TION 280 THEREOF and to repeal Section 285 of said Article, title
and subtitle; and to repeal and re-enact with amendments Section 33
of Article 89B of the Annotated Code of Maryland (1964 Replace-
ment Volume), title "State Roads," subtitle "Distribution and Use
of Special Funds"; and to add new Section 33A to said title and
subtitle, to follow immediately after Section 33 thereof; creating
a fund to aid in providing more adequate police protection in the
counties of the State and in Baltimore City, providing that certain
portions of fund distributions be paid to designated municipalities,
designating the manner in which fund payments shall be made,
providing the duration of such aid, and relating generally to the
State Aid for Police Protection Fund, changing the formulae for
determining the State Share of Current Expenses and Current
Expense Incentive Aid to be paid to county boards of education
and to Baltimore City for support of the public school system,
including revisions in the factors used in such formulae, adding a
provision for State support for kindergarten pupils, changing the
basis of State contributions for school building construction,
specifying an additional payment of State aid to Baltimore City
for current expenses, and relating generally to State support for
public school purposes, authorizing the elimination or phasing out
of county or Baltimore City taxes on business personal property,
prescribing a mandatory tax credit for purposes of county or
Baltimore City property taxation for homeowners meeting certain
age and income requirements, requiring the mailing of tax bills,
specifying a form of application upon such tax bills for the tax
credit herein provided, providing for the processing and verifi-
cation of applications, and relating generally to such tax credit,
establishing a State grant to the counties and to Baltimore City
based upon a proportion of the State property tax collected
therein, providing a method for the administration of such grant,
providing for the computation of the taxable income of any tax-
payer on the basis of federal adjusted gross income as defined in
the laws of the United States, with certain modifications, revising
the rates and laws relating to State income tax to provide for a
graduated rate of income taxation, repealing the authorization for
local income or earnings taxes or any license tax measured by or
relating to income or earnings, prohibiting the imposition of such
taxes in the future, authorizing and imposing for a specified period
in lieu thereof, the imposition of an income tax by the counties and
Baltimore City as a percentage of State income tax to be collected
by the State and returned to the political subdivisions, and relating
generally to the taxation of income in this State, and directing
that certain funds accumulated by Baltimore City out of the
Gasoline Tax Fund and Motor Vehicle Revenue Fund be used for
purposes relating to its police department AND TO THE MAN-
AGEMENT AND CONTROL OF VEHICULAR TRAFFIC
THEREIN.