2188                                         LAWS OF MARYLAND                      [Ch. 643

percent annually of the purchase price. For the purposes
of this subtitle, the leases are a proprietary interest
subjecting the electric utility to local property taxes.
Receipts from the purchase and leasing transactions shall
be deposited in the Fund. [In view of the safeguards
provided by this subtitle through state units, and to
assure the controlling effect of their determinations,
any property an electric company purchases or leases as
provided in this subsection shall be used and operated
for electric generating and associated transmission
purposes without regard to any local zoning rule,
regulation, law, or ordinance, and this use is not
required to be submitted to or approved by any county or
municipal zoning board, authority, or unit. ]

SECTION 2. AND BE IT FURTHER ENACTED, That new
Section [[3-305(e)]] 3-306.1 be and it is hereby added to
Article — Natural Resources, of the Annotated Code of
Maryland (1974 Volume) to read as follows:

Article — Natural Resources
[[3-305.]] 3-306.1

[[ (E) ]] IN VIEW OF THE SAFEGUARDS PROVIDED BY
THIS SUBTITLE THROUGH STATE UNITS, AND TO ASSURE THE
CONTROLLING EFFECT OF THEIR DETERMINATIONS, ANY PROPERTY
[[APPROVED]] CERTIFIED AS A SUITABLE SITE BY THE
SECRETARY OF NATURAL RESOURCES AND PLACED IN INVENTORY AS
PROVIDED IN THIS SUBTITLE OR ANY SITES ACQUIRED AND
PLACED IN INVENTORY AS PROVIDED IN THIS SUBTITLE SHALL BE
USED AND OPERATED FOR ELECTRIC GENERATING AND ASSOCIATED
ON-SITE TRANSMISSION PURPOSES WITHOUT REGARD TO ANY LOCAL
ZONING RULE, REGULATION, LAW, OR ORDINANCE, AND THIS USE
IS NOT REQUIRED TO BE SUBMITTED TO OR APPROVED BY ANY
COUNTY OR MUNICIPAL ZONING BOARD, AUTHORITY, OR UNIT.

SECTION 3. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1974.

Approved May 31, 1974.

CHAPTER 644
(Senate Bill 728)
AN ACT concerning

Real Estate Commission — Members