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Session Laws, 1985
Volume 760, Page 315   View pdf image
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HARRY HUGHES, Governor

315

"consecutive" is substituted for the former word
"successive", for clarity.

In subsection (e)(2) of this section, the former
phrase "but in no event may the special tax credit
exceed 5 years" is deleted as unnecessary in light of
the revision of subsection (e)(1) of this section.

In subsection (f) of this section, the reference to
the Secretary "of the Department of Economic and
Community Development" is added for clarity.

In subsection (g) of this section, the word "sent" is
substituted for the former word "issuance", for
clarity and to conform to current practice.

In subsection (g)(2) and (3) of this section, the
phrases "for each qualified property" are added to
modify "assessment", for clarity.

In subsection (i)(l) of this section, the former
reference to an "official" is deleted as misleading.

In subsection (i)(2) and (3) of this section, the
phrase "each county or municipal corporation" is
substituted for the former phrase "each jurisdiction",
for clarity.

In subsection (i)(2) of this section, the reference to
receiving the request "from the county or municipal
corporation" is added for clarity.

In subsection (i)(3) of this section, the phrase
"after the Comptroller receives the certification from
the Department" is substituted for the former word
"thereafter", for clarity.

Also in subsection (i)(3) of this section, the phrase
"shall reimburse" is substituted for the former phrase
"make the payment", for clarity.

Defined terms: "Assessment" § 1-101

"County" § 1-101 "County property tax" § 1-101

"Department" § 1-101 "Governing body" § 1-101

"Includes"; "including" § 1-101

"Municipal corporation" § 1-101 "Person" § 1-101

"Property" § 1-101 "Property tax" § 1-101

"Real property" § 1-101

"State property tax" § 1-101 "Taxable year" § 1-101

HOMEOWNERS TAX CREDITS.

DEFINITIONS.

(1) IN THIS SECTION THE FOLLOWING WORDS HAVE THE

 

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Session Laws, 1985
Volume 760, Page 315   View pdf image
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