4662

COUNTY LOCAL LAWS

imposed on certain liquidations and dissolutions and to provide
that the amount of tax shall be determined on the basis of full
cash value of the property transferred pursuant to such
liquidations and dissolutions and generally to conform the County
Code to the requirements of Chapter 813 of the laws of 1982; to
provide that the tax shall not apply to certain transfers between
subsidiary corporations or between a subsidiary corporation and
its parent or to certain mergers and consolidations.

BY repealing and reenacting, with amendments,

Section 11-74
BY repealing

Section ll-85(j)

BY adding

Sections ll-85(j) and (1)

All of Article IX. Property Transfer Tax

Title "Finance and Taxation"

Baltimore County Code, 1978, 1981 Cumulative Supplement,

as amended.

Approved May 4, 1983.

Bill No. 43-83

AN ACT concerning

Transfer Taxes

FOR the purpose of providing that the transfer tax shall
apply to transfers of property funded in any part through the
issuance of certain bonds even if the conveyance is to the
County.

BY repealing and reenacting

Section ll-85(a)

Article IX. Property Transfer Taxes

Title "Finance and Taxation"

Baltimore County Code, 1978, 1981 Cumulative Supplement,

as amended.

Approved May 27, 1983.

Bill No. 44-83