SPIRO T. AGNEW, Governor                       977

the counties with the supervisor of assessments before the date of
finality for the taxable year in question or in Baltimore City with the
department of assessments before July first preceding the taxable
year in question; provided however where the taxpayer is required to
report personal property in such detail as to show the cost or market
value thereof, but the taxpayer fails to report accurately the cost or
other data required to establish market value, and the taxpayer
claims that the property is assessed at a higher valuation than it
would be if it had been reported accurately, then a demand for a hear-
ing shall be granted if such answer or protest to the notice as to the
assessment on such property is made within three years from the
date of such notice.

Sec. 3. And be it further enacted, That this Act shall take effect
June 1, 1967.

Approved April 21, 1967.

CHAPTER 405

(Senate Bill 3)

AN ACT to add new Section 9C to Article 81 of the Annotated Code
of Maryland (1965 Replacement Volume), title "Revenue and
Taxes," subtitle "What Shall be Taxed and Where," to follow
immediately after Section 9B thereof, providing that the assessed
valuation of certain real property exempt from local taxation be
included in the assessed valuation used in calculating State aid
payments.

Section 1. Be it enacted by the General Assembly of Maryland,
That new Section 9C be and it is hereby added to Article 81 of the
Annotated Code of Maryland (1965 Replacement Volume), title "Rev-
enue and Taxes," subtitle "What Shall Be Taxed and Where," to
follow immediately after Section 9B thereof, and to read as follows:

9C.

Real property exempted from county and/or city taxation pur-
suant to any public general or public local law enacted after July 1,
1967, (unless this section is specifically referred to therein and ap-
propriately modified or repealed) shall be assessed and carried on the
assessment books and tax rolls of the county and/or city and shall be
treated as though taxable for purposes of computing payments of
State funds to the county and/or city if the computation of the
amounts thereof is in any manner based upon or in any manner
relates to assessment or assessed valuations.

Sec. 2. And be it further enacted, That this Act shall take effect
July 1, 1967.

Approved April 21, 1967.