HARRY HUGHES, Governor                               945

FOR the purpose of permitting the Anne Arundel County
Council to alter the interest rate for redemption of
property sold at tax sales; and making this Act an
emergency measure.

BY repealing and reenacting, with amendments,

Article 81 - Revenue and Taxes

Section 83(b)

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be repealed, amended, or enacted to read as follows: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

83.

(b) The rate of redemption is 6 percent per annum
except as follows:

(1) IN ANNE ARUNDEL COUNTY THE RATE IS 6 PERCENT
PER ANNUM OR AS FIXED BY ORDINANCE OF THE COUNTY COUNCIL;
AND

[(1)] (2) In Baltimore City the rate is 6
percent per annum or as fixed by ordinance of the City
Council; and

[(2)] (3) In Baltimore County the rate is 6
percent per annum or as fixed by ordinance of the County
Council; and

[(3)] (4) In Frederick County the rate is 6
percent per annum or as fixed by the County Commissioners
but not to exceed 10 percent per annum; and

[(4)] (5) In Montgomery County the rate is 6
percent per annum or as fixed by resolution of the County
Council; and

[(5)] (6) In Prince George's County the rate is
6 percent per annum or as fixed by resolution of the County
Council; and

[(6)] (7) In Somerset, Wicomico, and Worcester
counties the rate is 6 percent per annum or as fixed by the
county commissioners or by resolution of the county council.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1980. is hereby declared to be an
emergency measure and necessary for the immediate
preservation of the public health and safety and having been