WILLIAM DONALD SCHAEFER, Governor

Ch. 616

and the subtraction is not used for the taxable year, the excess
may be carried over to succeeding taxable years, not to exceed 5,
until the full amount of the subtraction is used.

SECTION 3. AND BE IT FURTHER ENACTED, That the Laws of
Maryland read as follows:

Article - Tax - General

10-307,

(a) To the extent included in federal taxable income, the
amounts under this section are subtracted from the federal
taxable income of a corporation to determine Maryland modified
income.

(g) The subtraction under subsection (a) of this section
includes the amounts allowed to be subtracted for an individual
under:

(1) § 10-207(d) of this title (Conservation tillage
equipment expenses);

SECTION 4. AND BE IT FURTHER ENACTED, That Section 2 of
this Act shall take effect July 1, 1989 contingent on the taking
effect of Chapter ____ (H.B. 229) of the Acts of the General

Assembly of 1989, in which event, Section 1 of this Act shall be
null and void without the necessity of further action by the
General Assembly.

SECTION 5. AND BE IT FURTHER ENACTED, That if
Chapter ___(H.B. 229) of the Acts of the General Assembly of

1989 is not enacted, Section 1 of this Act shall take effect July
1, 1989, and Section 2 of this Act shall be null and void without
the necessity of further action by the General Assembly.

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