MARVIN MANDEL, Governor                        665

APPLY TO ANY OTHER MUNICIPAL CORPORATION IN
THIS STATE.

(c) There shall be allowed upon the application of any home-
owner who shall have attained the age of sixty-five years by the
July 1 which is the first day of the taxable year for which the credit
is sought , or THERE MAY BE ALLOWED upon the application of
any homeowner who has not attained the age of sixty-five years and
who receives disability benefits AS A RESULT OF A FINDING
OF PERMANENT AND TOTAL DISABILITY under The Social
Security Act, and whose gross income, or whose combined gross
income, as the case may be, shall not be in excess of five thousand
dollars ($5,000.00) for the calendar year immediately preceding the
fiscal year of application, a single tax credit from subdivision real
property taxes upon the dwelling for which application for tax credit
is made, which tax credit shall equal 50% of the assessed value of
such dwelling or four thousand dollars ($4,000.00), whichever is the
lesser amount, multiplied by the applicable subdivision tax rate.
Application for tax credit shall be as provided in Section 49C of this
Article.

Sec. 2. And be it further enacted, That this Act shall take effect
July 1, 1969.

Approved April 23, 1969.

CHAPTER 208
(Senate Bill 122)

AN ACT to repeal and re-enact, with amendments, Section 218 (b)
of Article 56 of the Annotated Code of Maryland (1968 Replace-
ment Volume), title "Licenses," subtitle "Real Estate Brokers,"
to correct the language of this section, concerning real estate
licenses.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 218 (b) of Article 56 of the Annotated Code of Mary-
land (1968 Replacement Volume), title "Licenses," subtitle "Real
Estate Brokers," be and it is hereby repealed and re-enacted, with
amendments, to read as follows:

218.

(b) Each and every member for officer] of a partnership, associ-
ation, or an officer of a corporation who will perform or engage in
any of the acts specified in Section 212 (a) of this subtitle, other
than the designated member or officer by the partnership, association
or corporation in the manner above provided, shall be required to
make application for and take out a separate license as an associate
broker in his or her own name; provided, however, that the license
issued to any such member or officer of a partnership, association,
or corporation shall entitle such member or officer to act as an
associate real estate broker only as officer or agent of said partner-
ship, association, or corporation in association with the broker