HARRY HUGHES, Governor                                 997

with respect to the valuation placed upon land and permanent
improvements for State and county real estate tax purposes,
the growth factor to be applied in each year to the full
cash value of such property to determine the valuation
thereof shall be the growth factor determined by the
Department in accordance with the provisions of Section 1 of
this Act or 50 percent, whichever is greater, and the
provisions for a phase-in of any assessment increase over 3
taxable years shall not apply, but such increase shall be
immediately applicable to such valuation on the date of
finality for the purposes of such contract or covenant.

SECTION 2 -5- 3. AND BE IT FURTHER ENACTED, That this
Act shall take effect July June 1, 1979.

Approved May 14, 1979.

CHAPTER 315

(House Bill 167)

AN ACT concerning

Property Tax Credits - Community Civic
League, Inc.

FOR the purpose of providing authorizing a property tax
credit for real and tangible personal property owned by
the Community Civic League, Inc.

BY repealing and reenacting, with amendments,

Article 81 - Revenue and Taxes

Section 9C(f-l)

Annotated Code of Maryland

(1975 Replacement Volume and 1978 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
be repealed, amended, or enacted to read as follows:

Article 81 - Revenue and Taxes

9C.

(f-1) In Caroline County,

(1)  Real and tangible personal property owned by
the Eastern Shore Threshermen and Collectors Association,
Inc.; and

(2)  Real and tangible personal property owned by
the Marshyhope Rod and Gun Club, Inc.; and