708

LAWS OF MARYLAND

Ch. 238

Article 81 — Revenue and Taxes

232.

The jurisdiction, supervision, powers and duties of
the Department herein created, and the Director thereof,
shall extend under this article:

(8)[ (c) All assessable real property in every
county and Baltimore City shall be physically inspected
for reassessment at least once in every three (3) years.
If the assessment on real property is increased more than
thirty-six percent (36%) in any three (3) year period
then the percentage increase in excess of thirty—six
percent (36%) shall be phased in over the ensuing three
(3) year assessment period in equal annual percentages;
unless (1) the property is transferred to new ownership,

(2)  the zoning classification of the property is changed,

(3)  a substantial change occurs in the use of the
property, (4) extensive improvements are made to the
improvements on the existing property, or (5) the
previous assessment was clearly erroneous due to an error
in calculation or measurement of the improvements on the
property.

(1) For all taxpayers entitled to the
phase—in relief provided for in this subsection, the tax
bill for taxes due July 1, 1974, and each succeeding
year, shall show the full amount of the current
assessment, and the assessment for tax purposes under
this section with the tax due for the current year.]

SECTION 4. AND BE IT FURTHER ENACTED, That new
Section 232(8) (c) be and it is hereby added to Article 81

— Revenue and Taxes, of the Annotated Code of Maryland
(1975 Replacement Volume and 1975 Supplement), to read as

follows:

Article 81 — Revenue and Taxes

232.

The jurisdiction, supervision, powers and duties of
the Department herein created, and the Director thereof,
shall extend under this article:

(8)(C) ALL ASSESSABLE REAL PROPERTY IN EVERY

COUNTY AND BALTIMORE CITY SHALL BE PHYSICALLY INSPECTED

FOR REASSESSMENT AT LEAST ONCE IN EVERY 3 YEARS.

SECTION [[4]] 5. AND BE IT FURTHER ENACTED, That
this Act is hereby declared to be an emergency measure
and necessary for the immediate preservation of the
public health and safety and having been passed by a yea
and nay vote supported by three—fifths of all the members
elected to each of the two Houses of the General
Assembly, the same shall take effect from the date of its