3450

LAWS OF MARYLAND

Ch. 578

(Senate Bill 1035)

AN ACT concerning

Baltimore City - Business Displacement Benefits

FOR the purpose of repealing provisions of the Public Local
Laws of Baltimore City relating to the payment of
benefits to certain displaced business operations; and
excepting certain rights and benefits from the effects
of this Act.

BY repealing

The Public Local Laws of Baltimore City
Section 26-1

Article 4 - Public Local Laws of Maryland
(1979 Edition, as amended)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Code of Public Local Laws
of Maryland read(s) as follows:

Article 4 - Baltimore City

[26-1.

In addition to any benefits that may be provided by any
State, Federal or Local Law, a person who is displaced from
his place of business as the result of the acquisition of
real property by the City of Baltimore, which acquisition
occurs after July 1, 1975, shall be entitled to the benefits
enumerated in this section provided such displacee relocates
the entirety of his displaced business operation within
Baltimore City within one year from the date of acquisition
of the property from which he is displaced; or the displacee
relocates the entitety of his displaced business operation
within Baltimore City within one year from the date of his
displacement, whichever period of time is the greater.

a. As used in this section, the following definitions
shall apply:

(1)  Base rental - an amount not to exceed actual
rent paid, attributable to shelter rent and real estate
taxes.

(2)  Calculated base rental - an amount
calculated by the Department equal to the shelter rent and
real estate taxes for a property owned or purchased by a
displacee or available for purchase on the market.