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206 LAWS OF MARYLAND Ch. 8
Subsection (a)(1) of this section is revised as a
definition of "service facilities", for brevity.
In subsection (a)(2)(ii) of this section, the
reference to "Baltimore City" property tax is
substituted for the former reference to "local"
property taxes, for clarity.
Also in subsection (a)(2)(ii) of this section, the
former reference to "State" property taxes is deleted
as inaccurate.
Also in subsection (a)(2)(ii) of this section, the
former reference "as provided by subsection (n) or
(n-1) of this section, or § 22 of Article 44A" is
deleted as superfluous.
Also in subsection (a)(2)(ii) of this section, the
former reference to the "nonprofit housing corporation
(or entity) owner" who entered into an agreement for a
payment-in-lieu is deleted as confusing when related
to ownership of the property by a limited distribution
partnership. Similarly, in subsection (a)(2)(ii) of
this section, the references to a limited distribution
partnership "owner" are deleted.
In the introductory language of subsection (a)(2)(iii)
of this section, the reference to the real property
being "owned by" is substituted for the former
references to the real property being "transferred" or
the equitable ownership being "converted", for
clarity.
In subsection (a)(2)(iii)2.A. of this section, the
phrase "financial assistance" is substituted for the
former phrase "infusion of equity", for clarity.
In subsection (a)(2)(iii)2.B. of this' section, the
phrase "appropriate government agency" is substituted
for the former phrase "governmental controlling unit",
for clarity.
In subsection (a)(3) of this section, the phrase "used
predominantly for residential purposes" is substituted
for the former phrase "remains predominantly
residential", for clarity.
Also in subsection (a)(3) of this section, the former
reference to the existence of service facilities not
"affecting the power of the board of estimates ... to
approve the exemption" is deleted as superfluous.
In subsections (b) and (c)(1) of this section, the
references to Baltimore City "real" property taxes are
deleted as confusing and, in any event, superfluous.
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