HARRY HUGHES, Governor                                       421

14-604, 14-608, AND 14-702 OF THIS ARTICLE.

(C) UNDERPAYMENT.

IF THE PROPERTY TAX ON PERSONAL PROPERTY PAID UNDER THIS
SECTION IS LESS THAN THE TAX FINALLY DETERMINED, THE COLLECTOR
SHALL SEND A BILL TO THE TAXPAYER FOR THE DIFFERENCE.

REVISOR'S NOTE: This section is new language derived
without substantive change from the first and second
sentences and the first clause of the third sentence
of former Art. 81, § 49B.

In subsection (a) of this section, the defined term
"governing body" is substituted for the former
references "county commissioners or county council",
and "governmental body", for clarity.

Also in subsection (a) of this section, the defined
term "law" is substituted for the former phrase
"general resolution or ordinance", for clarity.

Also in subsection (a) of this section, the reference
to "estimated property tax under subsection (b) of
this section" is substituted for the former reference
to "tangible personal property taxes imposed by
subsection (2) of § 8 of this article", for clarity.

Also in subsection (a) of this section, the former
phrase "which is subject to assessment under the
provisions of § 13(b) of this article" is deleted as
superfluous.

In subsection (b)(2) of this section, the former
reference to "[notwithstanding any provision in this
article to the contrary, estimated tax bills ... for
which such assessment is available" being subject to
interest and penalties is deleted as superfluous in
light of the reference to an "unpaid" bill being
subject to interest and penalties.

The balance of the third sentence of former Art. 81, §
49B, now appears in § 14-906 of this article.

The fourth sentence of former Art. 81, § 49B now
appears as § 14-702 of this article.

Defined terms: "Assessment" § 1-101

"County" § 1-101 "Department" § 1-101

"Governing body" § 1-101 "Law" § 1-101

"Municipal corporation" § 1-101 "Property tax" § 1-10]

"Taxable year" § 1-101

REVISOR'S NOTE TO SUBTITLE: Former Art. 81, § 12F-8, which
provided for county property tax deferrals on certain