HARRY HUGHES, Governor                                         773

8-420.

(a) On or before the beginning of each taxable year AND
BEFORE HALF-YEAR TAXES ARE DUE, the supervisors shall prepare and
deliver to the collector for each county an assessment roll to be
used to prepare the tax roll.

9-101.

(a) (2) "Homeowner" means an individual who:

(i) [qualified for] RECEIVED a property tax
credit under a repealed law;

(ii) continues to have a legal interest in the
dwelling for which a property tax credit under a repealed law was
granted; and

(iii) in any given year would qualify for a
property tax credit under a repealed law.

9-102.

(a) (1) In this section the following words have the
meanings indicated.

(2)  (i) "Assets" include:

1.  real property;

2.  cash;

3.  savings accounts;

4.  stocks;

5.  bonds; and

6.  any other investment.
(ii) "Assets" do not include:

1.  the cash value of the life insurance
policies on the life of the renter; or

2.  tangible personal property.

(3)  "Assumed real property tax" means:

(i) 15% of the occupancy rent paid by a renter
during the calendar year; or

(ii) 15% of the occupancy rent paid by a renter
during the calendar year plus any tax paid under Article 81, §
12C of the Code.