MARVIN MANDEL, Governor                               267

the court unless and until a stamp is affixed to said
instrument and cancelled OR PAYMENT OF THE TAX IS
OTHERWISE VALIDATED UPON THE INSTRUMENT. The Comptroller
shall supply to the clerks of the circuit courts of the
respective counties or the clerk of the Superior Court of
Baltimore City, AND TO OTHER AUTHORIZED COLLECTORS
stamps, AS REQUIRED, to evidence the payment of said tax,
for sale to persons offering such instruments for record,
under such rules and regulations as the Comptroller may
prescribe. The proceeds from the sale of said stamps OF
OTHER MODE OF PAYING THE TAX, together with the
recordation charges herein provided, shall be accounted
for and paid over to the county commissioners of the
county or the Mayor and City Council of Baltimore in
which the tax is collected; provided, however, that (i)
in the case of the recordation of instruments conveying
title to or creating liens or encumbrances upon real or
personal property which is situated in two or more
counties or in the City of Baltimore and one or more
counties the tax shall be paid in each county or the City
of Baltimore according to the applicable rate of tax
therein notwithstanding the provisions of § 277 (j) based
upon such value as the value of the property situate in
the county or city bears to the whole consideration
represented by such instrument and the revenue therefrom
shall be accounted for and paid to each such county or
city. It shall be the duty of any person offering for
recordation an instrument conveying title to or creating
liens or encumbrances upon real or personal property
which is situated in two or more counties or in the city
and one or more counties to furnish to the clerk of the
court AND OTHER AUTHORIZED COLLECTORS a certification
showing the basis for such apportionment of value between
or among the several counties or the city; a county
transfer tax, for the purposes of this section, shall be
apportioned as a recordation tax and (ii) in the case of
the recordation of instruments conveying title to or
creating liens or encumbrances upon real or personal
property which is situated in two or more counties or in
the City of Baltimore and one or more counties as
security for corporate bonds of public utilities the rate
shall be that specified in subsection (b) of § 277 and
the revenue therefrom shall be accounted for and paid to
the Comptroller for the general funds of the State. J]

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the legislative intent with respect to

subsection (q) of Section 277 of Article 31 of the

Annotated Code of Maryland is that recordation tax rates
fixed from time to time by resolution or ordinance of a
county or Baltimore City and which are applicable on or

after the date subsection (q) became effective, namely,

July 1, 1968, supersede tax rates specified for that

political subdivision in any other subsection of Section

277 as of July 1, 1968, or subsequent applicable date of
the locally enacted tax rates.