1698                                         LAWS OF MARYLAND                        [Ch. 447

Baltimore county should be removed from Section 12D(a).

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hereby repealed and re—enacted, with amendments, to read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

(a) The governing body of every county and
municipality in this State, by resolution or ordinance
enacted under its usual procedure therefor, may provide
for a tax credit additional to the credit provided by §
12F of this article on the basis of age of the taxpayer,
income or means of the taxpayer, and the value of
property, as to property taxes imposed upon real property
in such particular subdivision. The tax credit may apply
to any person, joint tenants, tenants in common, or
tenants by the entireties who come within the category
locally provided. The county or municipality may further
provide for the procedure or conditions applying to any
such tax credit. An ordinance or resolution enacted
pursuant to the authority of this subsection may, subject
to the restriction imposed by subsection (b), incorporate
by reference § 12F of this article, so that the
additional credit provided by such ordinance or
resolution takes the form of an increase in the amount of
credit provided by § 12F or a lessening or modification
of conditions of eligibility, or procedural requirements
therefor. In [Baltimore,] Carroll, Howard, Montgomery,
Prince George's, Talbot, Wicomico, and Worcester counties
if the taxpayer otherwise meets the conditions or
criteria established by the county applying to the tax
credit, the tax credit shall be increased, in the event
the valuation and assessment of the property to which the
tax credit applies is increased over its valuation and
assessment at the time of the original grant of a tax
credit to the same taxpayer or taxpayers under this
section, in such amount as is required to produce the
same tax for county purposes as would have been produced
at the county tax rate for any given year if the
valuation and assessment had not been increased.

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

Approved April 30, 1974.