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Ch. 316
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1086
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LAWS OF MARYLAND
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June 1, 1985, to present evidence satisfactory to the Board of
Public Works that the matching fund will be provided. If
satisfactory evidence is presented, the Board shall certify this
fact to the State Treasurer and the proceeds of the loan shall be
expended for the purposes provided in this Act. If this evidence
is not presented by June 1, 1985, the proceeds of the loan shall
be applied to the purposes authorized in Article 78A, § 3 of the
Code. Furthermore, the Historic Fund, Inc. shall grant and convey
a perpetual preservation easement on the exterior and interior of
the structures, where appropriate, and on the land to the
Maryland Historical Trust, in form and substance acceptable to
the Trust.
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SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect June 1, 1983.
Approved May 24, 1983.
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CHAPTER 317
(Senate Bill 222)
AN ACT concerning
Property Tax - Appeal Bond
FOR the purpose of permitting a taxpayer to file a security bond
to stay an appeal or affect the collection and enforcement
of the tax only in a personal property tax appeal; and
clarifying language.
BY repealing and reenacting, with amendments,
Article 81 - Revenue and Taxes
Section 260
Annotated Code of Maryland
(1980 Replacement Volume and 1982 Supplement)
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SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article 81 - Revenue and Taxes
260.
No PERSONAL PROPERTY TAX appeal OF REAL OR PERSONAL PROPERTY
TAX shall stay or in any manner affect the collection or
enforcement of the assessment, tax, levy, or classification
complained of unless, IN THE CASE OF PERSONAL PROPERTY, the
taxpayer shall file with the agency responsible for collection
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