3408

VETOES

BY repealing and reenacting, with amendments,

Article 81 - Revenue and Taxes
Section 12F-3(a)(1) and (d)
Annotated Code of Maryland
(1980 Replacement Volume)

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be repealed, amended, or enacted to read as follows: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

12F-3.

(a) In this section, the following words have the
meanings indicated:

(1) "Assumed real property tax" means [10] 15
percent of the occupancy rent paid by a renter during the
calendar year.

(d) No later than [May] JULY 1 of the year following
the calendar year for which relief is sought, the renter may
apply on a standard form to be provided by the Department.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1981, contingent upon the
appropriation of sufficient funds contained in the Budget
Bill for fiscal year 1982 and, if said appropriation is not
made in the Budget Bill, this Act shall be null and void
without the necessity of further action by the General
Assembly.

May 19, 1981
The Honorable James Clark, Jr.
President of the Senate
State House
Annapolis, Maryland 21404

Dear Mr. President:

In accordance with Article II, Section 17 of the
Maryland Constitution, I have today vetoed Senate Bill 492.

This bill changes the percentage of rent paid that is
assumed to be real property tax from 10% to 15% in the
Elderly and Disabled Renters' Tax Credit Program and extends
the application filing deadline from May to July.

House Bill 754, which was enacted by the General
Assembly and signed by me on May 7, 1981, accomplishes the
same purpose.