MARVIN MANDEL, Governor

2167

applied or interpreted to have any effect upon or
application to any event or happening occurring prior to
the effective date of this Act.

SECTION 3. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1976.

Approved May 17, 1976.

CHAPTER 782

(House Bill 1519)

AN ACT concerning

Income Tax Deductions —
Preservation of Historic Property

FOR the purpose of correcting a certain error by amending
the definitions of "certified historic structure"
and "certified rehabilitation" to eliminate reliance
on certifications by the United States Secretary of
the Interior as to the historic character or
significance of the structure- correcting a certain
error by amending and clarifying the definition of
"substantially rehabilitated property" by including
a certain amount as an alternative to the adjusted
basis of the property; and further clarifying
language.

BY repealing and reenacting, with amendments,

Article 81 — Revenue and Taxes

Section 281A(b), (c), (e), and (m)

Annotated Code of Maryland

(1975 Replacement Volume and 1975 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Sections 281A(b), (c), (e) , and (m) of
Article 81 — Revenue and Taxes, of the Annotated Code of
Maryland (1975 Replacement Volume and 1975 Supplement) be
and they are hereby repealed and reenacted, with
amendments, to read as follows:

Article 81 — Revenue and Taxes

281A.

(b) "Certified historic structure" means a
building or structure which is either (i) listed in the
National Register (16 U.S.C.A. 470), or (ii) located in