Marvin Mandel, Governor                         375

27B.                          Quarter Horse Racing

The Racing Commission may authorize two days of quarter horse
racing annually to be held by the Cecil County Breeder's Fair, Inc.,
at Fair Hill, Maryland. The racing provided for in this section shall
be generally in compliance with the other provisions of this article
where applicable. The amounts deducted from the money wagered
and the distribution thereof as well as the distribution of the profits
shall be as prescribed in Section 27 of this article.

Sec. 2. And be it further enacted, That this Act shall take effect
July 1, 1970.

Approved April 15, 1970

CHAPTER 110
(Senate Bill 60)

AN ACT to repeal and re-enact, with amendments, Section 12F(b)
of Article 81 of the Annotated Code of Maryland (1969 Replacement
Volume), title "Revenue and Taxes," subtitle "What Shall Be Taxed
and Where," to exempt Railroad Retirement Act benefits as income
when applying for the real estate tax benefit for certain home
owners by reason of age and income.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 12F(b) of Article 81 of the Annotated Code of Mary-
land (1969 Replacement Volume), title "Revenue and Taxes," subtitle
"What Shall Be Taxed and Where," be and it is hereby repealed and
re-enacted, with amendments, to read as follows:

12F.

(b) As used in this section, the following words have the mean-
ings herein specified. "Homeowner" means every person who actu-
ally resides in a dwelling in which such person has a legal interest,
including any life estate, whether as sole owner, joint tenant, in com-
mon, or tenant by the entireties. "Gross income" means total gross
income from all sources, [except the amount of old age, survivors,
or disability benefits received under the Social Security Act, and]
including but not limited to gifts, and whether or not included in the
definitions of gross income for federal or State income tax purposes,
but "gross income" does not include the amount of old age, survivors,
or disability benefits received under the Social Security Act, as
amended, or under the Railroad Retirement Act, as amended. "Com-
bined gross income" means the combined gross income of all home-
owners, if more than one, and all persons actually residing in the
same dwelling, except persons whose contributions, reasonably ap-
portionable towards the cost of upkeep, maintenance and repair of
the dwelling, are in the form of fixed rental charges. "Dwelling"
means the dwelling house of one or more homeowners and the lot or
curtilage where the same is erected, which is used as the principal
residence of such homeowner or homeowners. No dwelling shall be
deemed a principal residence which is not actually occupied or ex-