Ch. 680

1994 LAWS OF MARYLAND

(F) A PERSON WHO VIOLATES A PROVISION OF THIS SECTION IS GUILTY OF A
MISDEMEANOR AND ON CONVICTION IS SUBJECT TO A FINE CIVIL PENALTY NOT
EXCEEDING $5,000 $2,000. OR IMPRISONMENT NOT EXCEEDING 5 YEARS OR BOTH.

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

July 1, 1997, contingent on the taking effect of Chapter____ (S.B. 325) of the Acts of the

General Assembly of 1994, and if Chapter____ does not become effective, this Act shall

be null and void without the necessity of further action by the General Assembly.

Approved May 26, 1994.

CHAPTER 680
(House Bill 1496)

AN ACT concerning

Property Tax Assessments Credits—Operating Real Property of Public Utilities

State and Local Taxes - Telecommunications - Task Force and Study

FOR the purpose of establishing a separate property tax subclass in real property for the
operating real property of certain public utilities; altering the assessment
percentage for the operating real property of certain public utilities authorizing the
Mayor and City Council of Baltimore City or the governing body of a county or
municipal corporation to grant by law a property tax credit against the county of
municipal corporation property tax imposed on certain operating real property of
certain public utilities; authorizing the governing body to provide for the amount
and duration of the tax credit; establishing certain limitations on the tax credit; and
generally relating to the assessment of a property tax credit for county or municipal
corporation property tax imposed on operating real property of certain public
utilities.

FOR the purpose of establishing a task force to study the State and local tax structure on the
telecommunications industry; requiring certain taxes and other factors be included in the
study: specifying the composition of the task force; requiring that the Department of
Fiscal Services provide staff to the task force; allowing the Department of Fiscal Services
to contract with certain individuals subject to a certain approval; and generally relating
to a task force and study on telecommunications taxes in Maryland.

BY repealing and reenacting, with amendments, adding to
Article—Tax—Property

Section 8-101(b), 8-103(c), and 8-109(c)(2)(ii) and (4)               

Section 9-224

Annotated Code of Maryland
(1986 Volume and 1993 Supplement)

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