924                                     LAWS OF MARYLAND                                 Ch. 270

and employed by the association or corporation solely for
the improvement or maintenance of the property are not "fees
or other compensation" under the terms of this subsection;
(2) THE COUNTY COMMISSIONERS MAY BY ORDINANCE OR RESOLUTION,
GRANT AN EXEMPTION FROM COUNTY TAXATION ONLY, REAL PROPERTY
ON WHICH IMPROVEMENTS ARE MADE TO EXISTING STRUCTURES WITHIN
AND CONTROLLED BY ANY HISTORIC DISTRICT IN CARROLL COUNTY SO
AS TO ENCOURAGE IMPROVEMENT AND RECONSTRUCTION OF THOSE
PROPERTIES LOCATED WITHIN THOSE AREAS; ALL TO BE DONE
ACCORDING TO THE FOLLOWING SCHEDULE;

(I)  THE PROPERTY SHALL BE EXEMPT FROM REAL
ESTATE TAXATION TO THE EXTENT OF 100 PERCENT OF THE INCREASE
IN ASSESSED VALUATION OF THE PROPERTY ATTRIBUTABLE TO THE
RECONSTRUCTION AND IMPROVEMENT. THIS EXEMPTION SHALL OCCUR
IN THE FIRST AND SECOND TAXABLE YEARS IN WHICH THE IMPROVED
STRUCTURE IS SUBJECT TO TAXATION.

(II)  FOR THE THIRD TAXABLE YEAR IN WHICH
THE IMPROVED STRUCTURE IS SUBJECT TO TAXATION, THE EXEMPTION
SHALL BE TO THE EXTENT OF 80 PERCENT OF THE INCREASE IN
ASSESSED VALUATION OF THE PROPERTY ATTRIBUTABLE TO THAT
RECONSTRUCTION.

(III)  FOR THE FOURTH TAXABLE YEAR IN WHICH
THE IMPROVED STRUCTURE IS SUBJECT TO TAXATION, THE EXEMPTION
SHALL BE TO THE EXTENT OF 60 PERCENT OF THE INCREASE IN
ASSESSED VALUATION OF THE PROPERTY ATTRIBUTABLE TO THAT
RECONSTRUCTION.

(IV)  FOR THE FIFTH TAXABLE YEAR IN WHICH
THE IMPROVED STRUCTURE IS SUBJECT TO TAXATION, THE EXEMPTION
SHALL BE TO THE EXTENT OF 40 PERCENT OF THE INCREASE IN
ASSESSED VALUATION OF THE PROPERTY ATTRIBUTABLE TO THAT
RECONSTRUCTION.

(V)  THEREAFTER, NO EXEMPTION FOR THE
PURPOSES STATED ABOVE SHALL BE ALLOWED.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1979.

Approved May 14, 1979.

CHAPTER 271
(Senate Bill 619)
AN ACT concerning

Parent and Child - Neglected Children