Ch. 744                                       LAWS OF MARYLAND

CHAPTER 744
(House Bill 1385)

AN ACT concerning

Agricultural Land Transfer Tax - Revenue Distribution

FOR the purpose of altering the required distribution of
agricultural land transfer tax revenues when not used for
certain purposes within a certain period of time; requiring

that the county collector of taxes transfer certain

agricultural land transfer tax revenues to the county's
program open space account; providing that these funds may
be used in addition to certain other funds for certain
recreation and open space purposes authorizing a local
governing body to direct the county collector of taxes to

make a certain transfer or remittance of certain

agricultural land transfer tax revenues; requiring a certain
transfer to be used for a certain purpose requiring that the
county collector of taxes transfer certain agricultural land
transfer tax. revenues to the county's program open space
account; providing that these funds may be used in addition
to certain other funds for certain open space purposes;
making technical changes; providing for the termination of
this Act; and generally relating to the distribution of
agricultural land transfer tax revenues.

BY repealing and reenacting, with amendments,

Article - Agriculture

Section 2-501 and 2-505(e)

Annotated Code of Maryland

(1985 Replacement Volume and 1988 Supplement)

BY repealing and reenacting, without amendments,

Article - Tax - Property
Section 13-306(b)
Annotated Code of Maryland
(1986 Volume and 1988 Supplement)

BY repealing and reenacting, with amendments,

Article - Tax - Property
Section 13-306(c)
Annotated Code of Maryland
(1986 Volume and 1988 Supplement)

- 4132 -