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HARRY HUGHES, Governor 407
OR AVAILABLE.
(C) GRACE PERIOD.
PROPERTY TAX IMPOSED UNDER THIS SECTION MAY BE PAID WITHOUT
INTEREST OR PENALTY ON OR BEFORE 30 DAYS AFTER THE DATE THE TAX
BILL IS MAILED OR MADE AVAILABLE.
REVISOR'S NOTE: Subsections (a) and (b) of this section are
new language derived without substantive change from
the first through the third and the seventh sentences
of former Art. 81, § 50(b).
Subsection (c) of this section is new language
substituted for the fourth sentence of former Art. 81,
§ 50(b) to clarify when, under current practice, the
property tax imposed by this section may be paid
without interest. The former law, which provided that
"no interest ... may be charged ... until at least 30
days after the bill ... has been mailed •••", was
ambiguous. The General Assembly may wish to consider
this substitution.
In subsection (a) of this section, the reference to
the exception "as provided by § 10-104 of this
subtitle" is substituted for the former exceptions for
3/4 year tax impositions in the seventh sentence of
former Art. 81, § 50(b), for clarity and brevity.
Also in subsection (a) of this section, the former,
general reference "[n]otwithstanding anything to the
contrary ... in the laws ... of this State and of any
county, city or town ... thereof" is deleted as
superfluous.
Also in subsection (a) of this section, the reference
to "the period from July 1 to December 31, both
inclusive," is substituted for the former reference to
"after July 1 in any year and through January 1 in the
next succeeding year" to conform to current practice.
The General Assembly may wish to consider this
substitution.
Also in subsection (a) of this section, the reference
to the tax rate "that is in effect for that taxable
year" is substituted for the former reference to the
"current" tax rate, for clarity.
Also in subsection (a) of this section, the defined
term "municipal corporation" is substituted for the
former phrase "city or town", for clarity.
Also in subsection (a) of this section, the former
reference to the property tax being "computed by using
the assessed valuation of the property" is deleted as
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