MARVIN MANDEL, Governor                            1385

(Senate Bill 373)
AN ACT concerning

Tax Exemptions — Nature Conservancy

FOR the purpose of amending the laws concerning property
tax exemptions with particular reference to property
owned by The Nature Conservancy [[or any chapter
thereof]].

BY repealing and re—enacting, with amendments.

Article 81 - Revenue and Taxes

Section 9 (1)

Annotated Code of Maryland

(1969 Replacement Volume and 1973 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 9(1) of Article 81 — Revenue and
Taxes, of the Annotated Code of Maryland (1969
Replacement Volume and 1973 Supplement) be and it is
hereby repealed and re—enacted, with amendments, to read
as follows:

Article 81 — Revenue and Taxes
9.

(1) Property owned by [[the]] THE Nature
Conservancy [[, or any chapter thereof,]] and used to
assist in the preservation of wild nature areas, to
establish nature reserves or other protected areas, or
generally to promote conservation[, provided such
property is ultimately intended for future public
ownership].

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1974.

Approved April 30, 1974.

CHAPTER 322
(Senate Bill 379)
AN ACT concerning