1164
LAWS OF MARYLAND
[Ch. 196
Section 18(b)
Annotated Code of Maryland
(1972 Replacement Volume and 1974 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 18(b) of Article 62B - Maryland
Port Administration, of the Annotated Code of Maryland
(1972 Replacement Volume and 1974 Supplement) be and it
is hereby repealed and re—enacted, with amendments, to
read as follows:
Article 62B - Maryland Port Administration
18.
(b) The right and power of any county and the
mayor and city council of Baltimore to impose annually
taxes on land and improvements thereon, present and
future, acquired and developed by the Administration,
within their respective limits, shall be retained by such
political subdivisions; but this right to impose taxes
[shall] DOES not apply to land and improvements thereon
acquired from the political subdivision, nor [shall such]
DOES THE right to impose taxes apply to any
cargo—handling facilities owned or leased, as lessor or
lessee, by the Port Administration, and the land used
solely in conjunction therewith, whether purchased,
erected, constructed or leased prior to or subsequent to
June 1, 1966[, said]. THESE cargo—handling facilities and
land [to be] ARE exempt from all ordinary taxes and
benefit assessments to the owner of [such] THE
facilities, to the Administration, and to the lessees of
the Administration from the date when [such] THE property
was or may hereafter be purchased, erected, constructed
or leased[, nor shall such] THE right to impose taxes
DOES NOT apply to an international trade center referred
to in §4(9)(2) of this article, [said] THAT international
trade center [to be] BEING exempt from all ordinary taxes
and benefit assessments to the Administration. In
addition to being [so] subject to taxes on land and
improvements thereon, the Administration [shall be] IS
subject to any and all benefit assessments, including,
but not limited to, sewer and water charges which may be
levied by operation of law.
The Administration and the particular political
subdivisions [are authorized and empowered, in their
individual discretion from time to time, to] MAY enter
into agreements for such duration as they may determine,
for the payment by the Administration to the political
subdivision of a stated sum or sums in lieu of [such] THE
taxes or benefit assessments to which the Administration
|
|