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Session Laws, 1974
Volume 713, Page 2589   View pdf image
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MARVIN MANDEL, Governor                                2589

(2)    "GROSS INCOME" MEANS TOTAL INCOME FROM
ALL SOURCES, WHETHER OR NOT INCLUDED IN THE DEFINITIONS
OF GROSS INCOME FOR FEDERAL OR STATE TAX PURPOSES,
INCLUDING BUT NOT LIMITED TO BENEFITS UNDER THE SOCIAL
SECURITY ACT OR RAILROAD RETIREMENT ACT AS THESE ACTS MAY
BE AMENDED FROM TIME TO TIME, GIFTS IN EXCESS OF $300,
ALIMONY, SUPPORT MONEY, NONTAXABLE STRIKE BENEFITS,
PUBLIC ASSISTANCE RECEIVED IN CASH GRANTS, PENSIONS OR
ANNUITIES, UNEMPLOYMENT INSURANCE BENEFITS, AND WORKMEN'S
COMPENSATION BENEFITS. GROSS INCOME SHALL INCLUDE THE
NET INCOME RECEIVED FROM BUSINESS, RENTAL, OR OTHER
ENDEAVORS BUT IN NO EVENT SHALL A LOSS FROM BUSINESS,
RENTAL OR OTHER ENDEAVORS BE USED IN THE DETERMINATION OF
GROSS INCOME. [[GROSS INCOME SHALL NOT INCLUDE LONG TERM
CAPITAL GAINS AND/OR LONG AND SHORT TERM CAPITAL LOSSES
AS THESE TERMS ARE DEFINED FOR FEDERAL INCOME TAX
PURPOSES.]]

(3)    "COMBINED INCOME" MEANS THE COMBINED
GROSS INCOME OF ALL RENTERS, IF MORE THAN ONE, AND ALL
PERSONS ACTUALLY RESIDING IN THE SAME RENTAL UNIT, EXCEPT
PERSONS WHOSE CONTRIBUTIONS, REASONABLY APPORTIONABLE
TOWARD THE COST OF UPKEEP, MAINTENANCE, AND REPAIR OF THE
DWELLING, ARE IN THE FORM OF FIXED RENTAL CHARGES.

(4)    "RENTAL UNIT" MEANS THE UNIT IN WHICH
THE RENTER RESIDES AND IN WHICH HE HAS A LEASEHOLD
INTEREST AND MAY BE PART OF A MULTI-DWELLING OR
MULTI-PURPOSE BUILDING AND PART OF THE LAND ON WHICH IT
IS BUILT AND WHICH IS USED AS THE PRINCIPAL RESIDENCE OF
THE RENTER OR RENTERS. A UNIT MAY ALSO BE A DWELLING AS
DEFINED IN SUBSECTION (B)(4) OF SECTION 12F-1 OF THIS
ARTICLE IN WHICH THE RENTER HAS A LEASEHOLD INTEREST. NO
RENTAL UNIT MAY BE DEEMED A PRINCIPAL RESIDENCE WHICH IS
NOT ACTUALLY OCCUPIED OR EXPECTED TO BE ACTUALLY OCCUPIED
BY THE RENTER OR RENTERS FOR MORE THAN SIX MONTHS OF SOME
12 MONTH PERIOD, INCLUDING THE DATE OF APPLICATION FOR
RELIEF. A RENTER, OTHERWISE ELIGIBLE, MAY QUALIFY FOR
THE RELIEF IF HE DOES NOT ACTUALLY RESIDE IN THE RENTAL
UNIT THE REQUIRED TIME PERIOD BECAUSE OF ILLNESS OR NEED
OF SPECIAL CARE. A RENTER OR RENTERS MAY CLAIM CREDIT IN
ONLY ONE RENTAL UNIT.

(5)    "AMOUNT EQUIVALENT TO TOTAL REAL
PROPERTY TAXES" MEANS THE PROPORTIONATE AMOUNT OF TOTAL
REAL PROPERTY TAXES LEVIED BY THE STATE, COUNTY OR
BALTIMORE CITY, MUNICIPALITY AND SPECIAL TAXING DISTRICT
WHICH ARE APPLICABLE TO THE RENTAL UNIT IN RELATION TO
TOTAL RENTAL UNITS, BUT IN NO EVENT SHALL THE AMOUNT BE
GREATER THAN TWELVE PERCENT OF THE GROSS RENT PAID FOR
THE RENTAL UNIT.

(6)    "GROSS RENT" MEANS RENTAL PAID SOLELY
FOR THE RIGHT OF OCCUPANCY (AT ARMS-LENGTH) OF A RENTAL

 

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Session Laws, 1974
Volume 713, Page 2589   View pdf image
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