Ch. 476                             MARVIN MANDEL, Governor                                1065

Approved May 21, 1973.

CHAPTER 476
(Senate Bill 1078)

AN ACT to repeal and re-enact, with amendments, Section 18(b) of Article 62B of
the Annotated Code of Maryland (1972 Replacement Volume), title "Maryland
Port Administration," and Section 8(7) of Article 81 of the Annotated Code of
Maryland (1969 Replacement Volume and 1972 Supplement), title "Revenue
and Taxes," subtitle "What Shall Be Taxed and Where," to provide that an
international trade center shall be exempt from all ordinary taxes and benefit
assessments to the Maryland Port Administration and to further provide that
unless negotiated payments in lieu of taxes or voluntary contributions are made
by the State government (or any agency or instrumentality thereof), as owner of
an international trade center, the interest of any lessee, bailee, pledgee, agent or
other person in possession or using the aforesaid international trade center, shall
be subject to taxation.

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 18(b) of Article 62B of the Annotated Code of
Maryland (1972 Replacement Volume), title "Maryland Port Administration," be
and it is hereby repealed and re-enacted, with amendments; and that Section 8(7)
of Article 81 of the Annotated Code of Maryland (1969 Replacement Volume and
1972 Supplement), title "Revenue and Taxes," subtitle "What Shall Be Taxed and
Where," be and it is hereby repealed and re-enacted, with amendments; and all to
read as follows:

Article 62B

18.

(b) The right and power of any county and the mayor and city council of
Baltimore to impose annually taxes on land and improvements thereon, present
and future, acquired and developed by the [Authority] ADMINISTRATION,
within their respective limits, shall be retained by such political subdivisions; but
this right to impose taxes shall not apply to land and improvements thereon
acquired from the political subdivision, nor shall such right to impose taxes apply
to any cargo-handling facilities owned or leased, as lessor or lessee, by the Port
[Authority] ADMINISTRATION, and the land used solely in conjunction
therewith, whether purchased, erected, constructed or leased prior to or subsequent
to June 1, 1966, said cargo-handling facilities and land to be exempt from all
ordinary taxes and benefit assessments to the owner of such facilities, to the
[Authority] ADMINISTRATION, and to the lessees of the [Authority]
ADMINISTRATION from the date when such property was or may hereafter be
purchased, erected, constructed or leased[.] , NOR SHALL SUCH RIGHT TO
IMPOSE TAXES APPLY TO AN INTERNATIONAL TRADE CENTER
REFERRED TO IN SECTION 4(G)(2) OF THIS ARTICLE, SAID
INTERNATIONAL TRADE CENTER TO BE EXEMPT FROM ALL
ORDINARY TAXES AND BENEFIT ASSESSMENTS TO THE
ADMINISTRATION. In addition to being so subject to taxes on land and
improvements thereon, the [Authority] ADMINISTRATION shall be subject to
any and all benefit assessments, including, but not limited to, sewer and water