MARVIN MANDEL, Governor

705

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 8-716(c) of Article - Natural
Resources, of the Annotated Code of Maryland (1974 Volume
and 1974 Supplement) be and it is hereby repealed and
re—enacted, with amendments, to read as follows:

Article — Natural Resources

8-716.

(c) A person is [note] NOT required to pay the tax
provided for in [subsection] [[SUBSECTIONS (a) AND]]
subsection (B) to obtain a certificate of title resulting
from;

(1)   A transfer between members of the
immediate family as determined by Department rules and
regulations;

(2)  A transfer between licensed dealers in
vessels for resale;

(3)   Sale or transfer of a vessel or boat not
required to be titled under this subtitle;

(4)  Purchase of a vessel by the State or any
political subdivision; or

(5)   Purchase of a vessel by an eleemosynary
organization which the Secretary has approved.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1975.

Approved March 25, 1975.

CHAPTER 56
(House Bill 167)

AN ACT concerning

Taxes — Payment

FOR the purpose of providing that State taxes as defined
in Article 62A will be considered paid only when