1546                                        LAWS OF MARYLAND                       [Ch. 379

CHAPTER 379
(Senate Bill 774)
AN ACT concerning

Anne Arundel County — Tax Credits

FOR the purpose of increasing the permissible gross
income for certain homeowners with respect to
qualification for the certain mandatory real
property tax credits in Anne Arundel County.

BY repealing and re—enacting, with amendments.

Article 81 - Revenue and Taxes

Section 12F(e)

Annotated Code of Maryland

(1969 Replacement Volume and 1973 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 12F(e) 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hereby repealed and re—enacted, with amendments, to read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
12F.

(e) There shall be allowed upon the application of
any homeowner in Anne Arundel County (1) who has attained
the age of sixty—five years by the July 1 which is the
first day of the taxable year for which the credit is
sought or (2) who has not attained the age of sixty—five
years and who receives benefits as a result of a finding
of permanent and total disability under the Social
Security Act or under the Railroad Retirement Act, and
whose gross income, or whose combined gross income, as
the case may be, is not in excess of [five thousand
dollars ($5,000.00)] $8,000 for the calendar year
immediately preceding the fiscal year of application, a
single tax credit from subdivision real property taxes
upon the dwelling for which application for tax credit is
made, which tax credit shall equal 50% of the assessed
value of the dwelling or four thousand dollars
($4,000.00), whichever is the lesser amount, multiplied
by the applicable subdivision tax rate. Application for a