2564

LAWS OF MARYLAND

Ch. 672

AMBULANCE company or department failing to meet the
requirements set by the board of county commissioners shall
suspend operations immediately after notification that a
majority of the board of county commissioners has directed
the cessation of operations.

2-8-3.

The board of county commissioners shall annually levy
on the assessable property of the county a tax to provide
the sum of not less than [four thousand dollars ($4,000.00)]
$10,000 for each county volunteer fire company which has
been approved, incorporated, and recognized by the Frederick
County [Firemen's] VOLUNTEER FIRE AND RESCUE Association,
INC. and which meets the other standards as provided for
herein. THE BOARD SHALL ALSO PROVIDE NOT LESS THAN $4,000
FOR ALL VOLUNTEER COMPANIES PROVIDING RESCUE OR AMBULANCE
SERVICES. The board of county commissioners may contribute
money to compensate out of county fire, RESCUE, OR AMBULANCE
companies rendering service in the county in the board's
sole discretion. Incorporated municipalities with primary
responsibility for GOVERNMENTAL funding FOR fire, RESCUE, OR
AMBULANCE [service] SERVICES shall within their jurisdiction
hold those enumerated powers assigned to the board of county
commissioners as stated in Sections 8-2-1 and 8-2-2 2-8-1
AND 2-8-2 of this chapter.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1981.

Approved May 19, 1981.

CHAPTER 673

(House Bill 1160)

AN ACT concerning

Franchise Tax - International Financial Industry -

Tax Relief

FOR the purpose of providing incentive to financial
institutions to conduct their international financing
business in the State by providing tax relief to
financial institutions from the franchise tax imposed
on them by means of a deduction from their net earnings
of an amount resulting from the conduct of
international financial transactions from their
branches that are established within the State.

BY repealing and reenacting, with amendments,

Article 81 - Revenue and Taxes