WILLIAM DONALD SCHAEFER, Governor                   Ch. 522

(ii) Not less than 20 percent of the cost of
the minimum program in any county.

(3) The counties participating in the program
together shall provide through local taxes approximately 60
percent of the total statewide cost of the minimum program.

(b)  (1) Each year, each county public library system that
participates in the minimum library program shall be provided
[$6.50] $7.50 $6.75 for each resident of the county, to be used
for operating and capital expenses. The State shall share in
this amount.

(2) Any county may provide an amount greater than its
share under the cooperative program, but the State may not share
in the excess.

(c)  For fiscal year 1987, and each fiscal year thereafter,
the employer social security contributions paid by the State for
any eligible position in a county public library system may not
exceed 7.15 percent of that part of the salary paid which is
included within the social security wage base as defined in
federal law.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1987.

Approved May 14, 1987.

CHAPTER 522
(House Bill 957)

AN ACT concerning

Income Tax - Preservation of Historic Property

FOR the purpose of changing the itemized deduction for certain
expenses incurred in the rehabilitation of certified
historic property to a subtraction modification.

BY repealing and reenacting, with amendments,

Article 81 - Revenue and Taxes

Section 280(c)(19) and 281A

Annotated Code of Maryland

(1980 Replacement Volume and 1986 Supplement)

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