2280

LAWS OF MARYLAND

Ch. 837

a purchaser, the tax credit shall be terminated as of the
date of transfer of the property between the parties.
The total amount of any tax credit shall be included in
the amount of ordinary taxes which were paid by the
seller of the property and which are adjusted at the time
of settlement for the property between the seller and the
purchaser. The seller of the property shall receive
credit only for that proportion of the tax credit which
his period of ownership of the property during the
taxable year in which the transfer occurs bears to the
entire taxable year. The remaining portion of the tax
credit shall be paid by the seller to the county in which
the property is located and shall be deposited into
general funds of the county.

(c)  The counties and Baltimore City may provide for
a tax credit additional to the credit provided in
subsections (a) and (d) of this section and the
additional credit may take the form of an increase in the
amount of credit provided in subsection (a) or (d), or a
lessening or modification of the conditions of income or
disability eligibility, or procedural requirements
therefor. No action of the counties or Baltimore City
shall reduce the amount of the credit provided by
subsections (a) and (d) of this section or impose any
less inclusive or further conditions of eligibility
therefor or more stringent or further procedural
requirements therefor.

(d)   Notwithstanding the credit provided for in
subsection (a) of this section, the following provisions
shall be applicable in the counties indicated and shall
be considered as part of the minimum tax credit. The
provisions of this subsection shall prevail over any
conflict with a provision in subsection (a) of this
section.

(1)    Anne Arundel County. Credit shall be
allowed for an applicant, otherwise eligible, whose
combined gross income is less than $8,000.

(2)    Baltimore County. Credit shall be
allowed for an applicant, otherwise eligible, whose
combined gross income is not in excess of $7,000 and
credit shall equal 50% of the assessed valuation of the
dwelling or $5,000, whichever is the lesser amount
multiplied by the county tax rate.

(3)    Howard County. Credit shall be allowed
for an applicant, otherwise eligible, whose combined
gross income is not in excess of $5,000 and credit shall
equal 50% of the assessed value of the dwelling or
$5,000, whichever is the lesser amount multiplied by the
county tax rate. Credit also shall be allowed for
applicants who receive benefits as a result of a finding
of permanent and total disability by the Civil Service
Commission.