MARVIN MANDEL, Governor

301

(p), (g), and (r) of Article 81 — Revenue and Taxes, of
the Annotated Coda of Maryland (1975 Replacement Volume
and 1975 Supplement) be and [[it is]] they are hereby
repealed and reenacted, with amendments, to read as
follows:

Article 81 — Revenue and Taxes

277.

(m) The rate of tax applicable to instruments
recorded with the clerk of the circuit court of
[Baltimore, Montgomery, St. Mary's, Wicomico, Allegany,
Garrett, Dorchester, and Anne Arundel] ALLEGANY, GARRETT,
AND WICOMICO counties shall be as follows:

In the case of instruments conveying title to
property, the tax shall be at the rate of $1.10 for each
$500 or fractional part thereof of the actual
consideration paid or to be paid; in the case of
instruments securing a debt, the tax shall be at the rate

of $1.10 for each $500 of the principal amount of the

debt secured.

(n) The rate of tax applicable to instruments

recorded with the clerk of the [Superior Court of

Baltimore City and with the clerk of the] circuit court
for [Charles, Calvert and Worcester] BALTIMORE, CALVERT,
DORCHESTER, AND WORCESTER counties shall be as follows:

In the case of instruments conveying title to

property, the tax shall be at the rate of $1.6 5 for each

$500 or fractional part thereof of the actual

consideration__paid or to be paid; in the case of

instruments securing a debt, the tax shall be at the rate
of $1.65 for each $500 of the principal amount of the
debt secured.

(p) [Notwithstanding the provisions of this
section, the county commissioners of Queen Anne's,
Caroline and Kent Counties in lieu of the rate of tax

provided in subsection (b) above,__ are__authorized by

resolution to adopt a rate of tax] THE RATE OF TAX
APPLICABLE TO INSTRUMENTS RECORDED WITH THE CLERK OF THE

CIRCUIT COURT FOR CAROLINE, KENT, AND QUEEN ANNE'S

COUNTIES SHALL BE as follows:

In the case of instruments conveying title to

property, the tax shall be at the rate of $1.10 for each

$500.00 or fractional part thereof of the actual

consideration paid or to be paid; and in the case of
instruments securing a debt, the tax shall be at. the rate

of $1.10 for each $500.00 of the principal amount of the

debt secured. [Immediately upon taking any such action,

the county commissioners of Queen Anne's, Caroline or

Kent counties shall certify such action to the clerk of

the circuit court__of Queen Anne's, Caroline or Kent

counties and to the State Comptroller; and after] AFTER