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MARVIN MANDEL, Governor 3321
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Assembly and signed by Lieutenant Governor Blair Lee III
in his capacity as Acting Governor on May 26, 1977,
corrects obsolete and inaccurate statutory references
throughout the Annotated Code. In doing so, it makes the
corrections intended to be made by Senate Bill 591.
Since the purpose of Senate Bill 591 is accomplished
by the enactment and signing of House Bill 338, it is
unnecessary for me to sign Senate Bill 591.
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Sincerely,
Marvin Mandel
Governor
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Senate Bill No. 621 - Real Property - Assessments
AN ACT concerning
Real Property Assessments
FOR the purpose of providing that the governing body of
each county or Baltimore City shall set the amount
of allowance for inflation for real property
assessments of all real property within its county
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and Baltimore City.
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FOR the purpose of establishing a tax rate for certain
property taxes, based on a certain formula;
enumerating certain procedures for the determination
of this tax rate; providing procedures for
increasing the constant yield tax rate; defining
certain terms; prohibiting a tax rate in excess of a
certain minimum; permitting the reduction of a tax
rate; and generally relating to county, Baltimore
City, and municipal real property taxation;
requiring the State Department of Assessments and
Taxation to include on all assessment notices for
each county and Baltimore City certain information
concerning the assessable base of the subdivision
and the revenues generated from the property tax in
that subdivision; requiring each county and
Baltimore City to include in its property tax bill
certain information generally relating to the
property tax in that subdivision; providing an
effective date of these notices; providing that the
governing body of each county or Baltimore City
shall set the amount of the allowance for inflation
for real property assessments at a rate not less
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