172                             LAWS OF MARYLAND                      [CH. 142

ADMINISTER THE PROGRAM OF TAX CREDITS PROVIDED
IN SECTION 12F OF THIS ARTICLE. THE GOVERNING BODY
OF EACH SUBDIVISION SHALL ALSO PROVIDE FOR THE
ADOPTION AND PROMULGATION OF RULES AND REGULA-
TIONS NOT INCONSISTENT WITH THE PROVISIONS OF SEC-
TION 12F OF ARTICLE 81 AND FOR THE MODIFICATION, RE-
PEAL OR AMENDMENT FROM TIME TO TIME OF SUCH
RULES AND REGULATIONS, AS DEEMED NECESSARY FOR
THE EFFICIENT AND CONVENIENT ADMINISTRATION OF
THIS SYSTEM OF TAX CREDITS. THE TAXPAYER SHALL BE
GIVEN A NOTICE OF THE POSSIBLE CREDIT PROVIDED BY
SECTION 12F AT THE TIME HIS TAX BILL IS SENT TO HIM.
HE SHALL NOT BE REQUIRED TO SUBMIT THE APPLICA-
TION IN PERSON. HE MAY CLAIM THE TAX CREDIT AT ANY
TIME UP TO THE TIME HE PAYS THE TAX BILL.

(B) NOTWITHSTANDING ANY provision of Section 300 of this
Article, the Comptroller shall supply to any such authority ADMIN-
ISTRATIVE UNIT OR OFFICIAL DESIGNATED UNDER THE
PROVISIONS OF SUBSECTION (A) OF THIS SECTION, upon
application therefor, verification of gross income or combined gross
income, as the case may be, as stated in any such application.

(c) Application for tax credit shall be made under oath or af-
firmation that the matters and facts stated in the application are
true to the best of the applicant's knowledge, information and be-
lief.

Sec. 5. And be it further enacted, That new Section 12H be
and it hereby is added to Article 81 of the Annotated Code of Mary-
land (1965 Replacement Volume and 1966 Supplement), title "Reve-
nue and Taxes," subtitle "What Shall Be Taxed and Where," to
follow immediately after Section 12G thereof and to be under the
new subtitle "State Grants to Subdivisions," to read as follows:

State Grants To Subdivisions

12H.

(a)    There is hereby granted out of the General Funds of the
State for fiscal 1967-68, and thereafter, to each county of this State
and to the City of Baltimore a grant which shall equal that propor-
tion of the State property tax collected therein that a rate of ten
cents (10¢) per one hundred dollars ($100.00) of assessed valuation
applied to the property in any such county, or the City of Baltimore,
taxable at full rate for both State and county purposes, bears to the
State property tax due in such county, or the City of Baltimore.
THE DIRECTOR OF THE DEPARTMENT OF ASSESSMENTS
AND TAXATION SHALL CERTIFY TO THE STATE COMP-
TROLLER THE ASSESSED VALUATION CORRECTED AS OF
MAY 1 OF EACH YEAR, UPON WHICH VALUATION THE CAL-
CULATION OF THE GRANT SHALL BE MADE.

(b)    Payment of the State Grants to Subdivisions shall be made
quarterly by the State Treasurer upon warrants of the State Comp-
troller, who BASED UPON CERTIFICATIONS BY THE DEPART-
MENT OF ASSESSMENTS AND TAXATION, WHICH shall certify
the amount payable to each county and to the City of Baltimore.