HARRY HUGHES, Governor                             1005

CHAPTER 222

(House Bill 1425)

AN ACT concerning

Anne Arundel County - Interest on Overdue Taxes

FOR the purpose of altering providing that the Anne Arundel
County Council shall fix the rate of interest charged
on certain overdue taxes in Anne Arundel County; and
clarifying language.

BY repealing and reenacting, with amendments,

Article 81 - Revenue and Taxes

Section 48(a)

Annotated Code of Maryland

(1975 Replacement Volume and 1979 Supplement)

BY adding to

Article 81 - Revenue and Taxes

Section 48(i)

Annotated Code of Maryland

(1975 Replacement Volume and 1979 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be repealed, amended, or enacted to read as follows: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

48.

(a) Except in Baltimore City as to city taxes for
which provision is made by subsection (e), all ordinary
State, county, incorporated city or town, and taxing
district taxes, are due and payable without interest as of
the first day of July in each taxable year; these taxes are
overdue and in arrears on the first day of the succeeding
October, and from and after this day of October 1 they shall
bear interest (except for the City of Salisbury, as
specified in subsection (g) of this section), [and] except
for Howard County, as specified in subsection (h) of this
section AND ANNE ARUNDEL COUNTY, AS SPECIFIED IN SUBSECTION
(I) OF THIS SUBSECTION, at the rate of 2/3 of 1 [percentum]
PERCENT for each month or fraction [thereof] OF A MONTH
until paid.

(I) TAXES OVERDUE, IN ARREARS, AND PAYABLE TO ANNE
ARUNDEL COUNTY SHALL BEAR INTEREST AT THE RATE OF 1 PERCENT
FOR EACH MONTH OR FRACTION OF A MONTH UNTIL PAID FIXED BY
THE COUNTY COUNCIL.