4358

LAWS OF MARYLAND

Ch. 803

BY adding to

Article 81 - Revenue and Taxes

Section 326(jj)(3)

Annotated Code of Maryland

(1980 Replacement Volume and 1981 Supplement)

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

Article 81 - Revenue and Taxes

326.

The tax hereby levied does not apply to the following
sales:

(jj) (3) SALES OF ELECTRICITY TO A NONPROFIT PLANNED
RETIREMENT COMMUNITY THROUGH 3 OR MORE BULK METERS IF:

(I) ANY RESIDENT OF THE COMMUNITY IS

SERVED THROUGH AN INDIVIDUAL METER; AND

(II) ON OR BEFORE JULY 1, 1979, AT LEAST 3
BULK METERS SERVED THE COMMUNITY.

(I) THE COMMUNITY IS COMPOSED OF MORE THAN
2,000 HOUSING COOPERATIVE AND CONDOMINIUM UNITS;

(II) THE OWNERSHIP OF UNITS IS RESTRICTED
BY AGE;

(III) ANY UNIT IS SERVED BY AN INDIVIDUAL
METER; AND

(IV) ON OR BEFORE JULY 1, 1979, AT LEAST 3
BULK METERS SERVED THE COMMUNITY.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1982.

Approved June 1, 1982.

CHAPTER 804
(Senate Bill 533)
AN ACT concerning