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Session Laws, 1975
Volume 716, Page 3826   View pdf image
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3826

JOINT RESOLUTIONS

WHEREAS, Legislation must be enacted to counter this
policy; now, therefore, be it

RESOLVED BY THE GENERAL ASSEMBLY OF MARYLAND, That
the General Assembly of Maryland urges the Maryland
Congressional Delegation to support all measures that
would change the policy of taxing agricultural land at
market value for estate tax purposes, provided that such
legislation include a provision by which State and local
governments could recapture the tax savings on any land
not returned to agricultural use; and be it further

RESOLVED, That copies of this Resolution be sent to
the Maryland Congressional Delegation: Senators Charles
McC. Mathias, Jr. and J. Glenn Beall, Jr., Senate Office
Building, Washington, D.C., 20510; Representatives Robert
E. Bauman, Clarence D. Long, Paul S. Sarbanes, Marjorie
S. Holt, Gladys N. Spellman, Goodloe E. Byron, Parren J,
Mitchell, and Gilbert Gude, House Office Building,
Washington, D.C., 20515.

Approved April 8, 1975.

No. 17
(House Joint Resolution 22)

A House Joint Resolution concerning

Revenue Sharing from Offshore Leases

FOR the purpose of urging the Congress of the United
States to provide adequate compensation out of
Federal offshore exploration and development lease
revenues to those states which will be required to
incur additional costs for the purpose of dealing
with the environmental, social and economic
consequences of active exploration for and
development of energy source deposits in undersea
areas adjacent to their shores.

WHEREAS, The problems of assuring adequate supplies
of energy in the United States and of reducing dependence
upon imported fuels have brought about great and
continuing interest in the development of energy source
deposits, including petroleum and natural gas, lying
beneath the waters of the outer continental shelf; and

WHEREAS, The Federal Government has leased and,
under the circumstances, probably will continue to lease

 

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Session Laws, 1975
Volume 716, Page 3826   View pdf image
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