Marvin Mandel, Governor                        1193

SUBDIVISION OF THE STATE OF MARYLAND. PROVIDED
FURTHER THAT FOR THE PURPOSES OF MUNICIPAL AND
COUNTY TAXATION IN THE COUNTIES OF ALLEGANY,
ANNE ARUNDEL, MONTGOMERY, AND WASHINGTON, THE
COUNTY COMMISSIONERS OR GOVERNING BODY OF ANY
MUNICIPALITY MAY, BY ADOPTION OF AN APPROPRIATE
RESOLUTION OR ORDINANCE, EXEMPT SUCH PROPERTY
FROM COUNTY OR MUNICIPAL TAXATION, BUT THE VALU-
ATION SHALL BE CARRIED ON THE ASSESSMENT BOOKS
AS THOUGH IT IS TAXABLE FOR THE PURPOSES OF COM-
PUTING PAYMENTS TO THE SEVERAL POLITICAL SUB-
DIVISIONS WHICH ARE PROVIDED FOR IN THE LAWS OF
THIS STATE AND WHICH IN ANY MANNER ARE BASED
UPON OR RELATED TO ASSESSMENTS AND ASSESSED
VALUATIONS. AS USED HEREIN, THE TERM "PORT FACILI-
TIES" SHALL MEAN AND SHALL INCLUDE, WITHOUT IN-
TENDING THEREBY TO LIMIT THE GENERALITY OF SUCH
TERM, ANY ONE OR MORE OF THE FOLLOWING OR ANY
COMBINATION THEREOF: LANDS, PIERS, DOCKS,
WHARVES, WAREHOUSES, SHEDS, TRANSIT SHEDS, ELE-
VATORS, COMPRESSORS, REFRIGERATION STORAGE
PLANTS, BUILDINGS, STRUCTURES, AND OTHER FACILI-
TIES, APPURTENANCES AND EQUIPMENT NECESSARY OR
USEFUL IN CONNECTION WITH THE OPERATION OF A
MODERN PORT OR IN CONNECTION WITH SHIPBUILDING
AND SHIP REPAIR AND EVERY KIND OF TERMINAL OR
STORAGE STRUCTURE OR FACILITY NOW IN USE OR HERE-
AFTER DESIGNED FOR USE IN THE HANDLING, STORAGE,
LOADING OR UNLOADING OF FREIGHT OR PASSENGERS
AT STEAMSHIP TERMINALS, AND EVERY KIND OF TRANS-
PORTATION FACILITY NOW IN USE OR HEREAFTER DE-
SIGNED FOR USE IN CONNECTION THEREWITH. HOW-
EVER, THE TERM "PORT FACILITIES" AS USED HEREIN
SHALL NOT INCLUDE AN INTERNATIONAL TRADE CENTER
REFERRED TO IN ARTICLE 62B, SECTION 4(G)(2), OF THIS
CODE.

276.

The [Department of Motor Vehicles] Motor Vehicle Administra-
tion shall account for and remit all monies collected by it under this
subtitle to the State [treasurer] Comptroller who, after first pay-
ing, or retaining a sufficient amount thereof to pay, all refunds of
license or registration fees provided for in this subtitle, shall [hold
said monies in a special fund known as the Motor Vehicle Revenue
Fund, created pursuant to the provisions of Section 341 of Article
66½ of the Annotated Code of Maryland, said fund to be there-
after held and distributed in accordance with the provisions ap-
plicable thereto of Article 89B of the Annotated Code of Maryland]
credit the balance to the Gasoline and Motor Vehicle Revenue Ac-
count of the Transportation Trust Fund created under Article 94A
of this Code.

288.

(c) Additional corporate tax for [Maryland Port Authority]
Transportation Trust Fund.—In addition to the tax imposed else-
where in this subtitle upon the net income of every corporation