Marvin Mandel, Governor                        1081

CHAPTER 488
(Senate Bill 736)

AN ACT to add new Section 39A to Article 81 of the Annotated Code
of Maryland (1969 Replacement Volume), title "Revenue and
Taxes," subtitle "Assessors and Discovery of Taxable Property,"
to follow immediately after Section 39 thereof, to provide for
reassessments and tax refunds on real property THE REFUND
OF CERTAIN PERSONAL PROPERTY TAXES PAID BE-
CAUSE OF AN ERRONEOUS ASSESSMENT in certain speci-
fied cases, setting a retroactive time limit, and generally relating
to reassessments and refunds on real REFUND OF CERTAIN
PERSONAL property taxes.

Section 1. Be it enacted by the General Assembly of Maryland,
That new Section 39A be and it is hereby added to Article 81 of the
Annotated Code of Maryland (1969 Replacement Volume), title
"Revenue and Taxes," subtitle "Assessors and Discovery of Taxable
Property," to follow immediately after Section 39 thereof, and to
read as follows:

39A.

(a)   Whenever the supervisors of assessments or the department of
assessments of Baltimore City shall determine that the valuation of
any ASSESSMENT OF ANY PERSONAL property was erroneous
due to an existing exemption to which the taxpayer was entitled at
the time of assessment, the taxpayer shall be entitled to a reassess-

ment and redetermination of taxes, including any refund due, not-

withstanding payment of taxes according to the erroneous assess-

ment without timely notice of protest and appeal REFUND OF

THE PERSONAL PROPERTY TAXES PAID ACCORDING TO
THE ERRONEOUS ASSESSMENT, NOTWITHSTANDING THE
FAILURE TO PROTEST AND APPEAL THE ERRONEOUS AS-
SESSMENT IN ACCORDANCE TO THE PROVISION OF THIS
ARTICLE.

(b)  No taxpayer shall be eligible for reassessment of property,
redetermination of taxes, and A refund under this section for taxes
paid more than five years prior to determination of the erroneous
valuation; ASSESSMENT; provided, however, that any taxpayer
shall have until July 1, 1973, to apply for and be eligible for such
reassessment, redetermination, and refund based on any erroneous
valuation REFUND BASED ON ANY ERRONEOUS ASSESS-
MENT OF PERSONAL PROPERTY made since January 1, 1966.

Sec. 2. And be it further enacted, That this Act shall take effect
July 1, 1971.

Approved May 17, 1971.

CHAPTER 489
(Senate Bill 737)

AN ACT to repeal and re-enact, with amendments, Section 60 of

Article 77 of the Annotated Code of Maryland (1969 Replacement