MARVIN MANDEL, Governor

2107

BY repealing and reenacting, with amendments,

Article 81 — Revenue and Taxes

Section 9C(j)

Annotated Code of Maryland

(1975 Replacement Volume and 1975 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 9C(j) of Article 81 - Revenue and
Taxes, of the Annotated Code of Maryland (1975
Replacement Volume and 1975 Supplement) be and it is
hereby repealed and reenacted, with amendments, to read
as follows:

Article 81 — Revenue and Taxes

9C.

(j) In Frederick County, (1) real and tangible
personal property owned by the Frederick Optimist Boy's
Foundation, Inc., to the extent that such property is not
commercially rented. As used herein, operation of a
parking lot, even at a fixed charge, is not commercial
renting. That part of the property not included under a
lease is entitled to exemption; (2) from county taxation
only, real property owned by the Emmitsburg Civic
Association, Inc.; and (3) from county taxation only,
real property on which improvements are made to existing
structures within and controlled by any historic district
in Frederick County so as to encourage improvement and
reconstruction of those properties located within those
areas; [[AND (4) FOR THE PURPOSES OF COUNTY TAXATION AND
IN THE DISCRETION OF THE BOARD OF COUNTY COMMISSIONERS,
REAL PROPERTY, THE TITLE TO WHICH IS HELD BY THE IZAAK
WALTON LEAGUE AND THE FREDERICK COUNTY AGRICULTURAL
SOCIETY, INC., OR OTHER NONPROFIT COMMUNITY OR CIVIC
IMPROVEMENT ASSOCIATION OR CORPORATION, AND WHICH IS
DEVOTED TO AND USED EXCLUSIVELY FOR COMMUNITY, CIVIC,
EDUCATIONAL, RECREATIONAL, OR FOR THE CONSERVATION,
PRESERVATION AND ADVANCEMENT OF FISH, GAME AND WILDLIFE
ACTIVITIES OR PURPOSES, AND THE USE OF THE PROPERTY MAY
NOT BE CONTINGENT UPON THE PAYMENT OF ANY FEE OR OTHER
COMPENSATION, AND FAILURE TO PAY A FEE OR OTHER
COMPENSATION IS NOT A REASON TO DENY ADMISSION TO OR USE
OF THIS PROPERTY. ASSESSMENTS EXACTED AND EMPLOYED BY
THE ASSOCIATION OR CORPORATION SOLELY FOR THE IMPROVEMENT
OR MAINTENANCE OF THE PROPERTY DO NOT CONSTITUTE A "FEE
OR OTHER COMPENSATION" UNDER THE PROVISIONS OF THIS
SUBSECTION,]] all to be done according to the following
schedule:

(i) The property shall be exempt from real
estate taxation to the extent of 100% of the increase in
assessed valuation of the property attributable to the
reconstruction and improvement. This exemption shall
occur in the first and second taxable years in which the
improved structure is subject to taxation.