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Session Laws, 1995
Volume 793, Page 1362   View pdf image
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Ch. 68

1995 LAWS OF MARYLAND

BY repealing,

Chapter 151 of the Acts of the General Assembly of 1984, as amended by Chapter
538 of the Acts of the General Assembly of 1987, Chapter 244 of the Acts of
the General Assembly of 1989, Chapter 353 of the Acts of the General
Assembly of 1990, Chapter 595 of the Acts of the General Assembly of 1991,
Chapter 365 of the Acts of the General Assembly of 1992, and Chapter 342 of
the Acts of the General Assembly of 1993

Section 2

BY repealing and reenacting, with amendments,

The Public Local Laws of Prince George's County
Section 10-187(a)(l)

Article 17 - Public Local Laws of Maryland
(1991 Edition and 1993 Supplement, as amended)

BY adding to

The Public Local Laws of Prince George's County
Section 10-187(a-1)

Article 17 - Public Local Laws of Maryland
(1991 Edition and 1993 Supplement, as amended)

Preamble

WHEREAS, Chapter 151 of the Acts of the General Assembly of 1984 increased
the maximum allowable transfer tax in Prince George's County from 1% to 1.5%; and

WHEREAS, Under the terms of Chapter 151, the increase of the maximum
transfer tax was to be temporary and was to expire on July 1, 1987; and

WHEREAS, The termination date for the increase in the maximum allowable
transfer tax has been extended until July 1, 1995 under Chapter 538 of the Acts of the
General Assembly of 1987, Chapter 244 of the Acts of the General Assembly of 1989,
Chapter 353 of the Acts of the General Assembly of 1990, Chapter 595 of the Acts of the
General Assembly of 1991, Chapter 365 of the Acts of the General Assembly of 1992, and
Chapter 342 of the Acts of the General Assembly of 1993; and

WHEREAS, It is the intent of the General Assembly that the maximum allowable
transfer tax be gradually reduced to the maximum rate prior to Chapter 151 of the Acts of
1984; now, therefore,

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Chapter 151 of the Acts of 1984, as amended by Chapter 538 of the Acts of 1987, Chapter

244 of the Acts of 1989, Chapter 353 of the Acts of 1990, Chapter 595 of the Acts of 1991,

Chapter 365 of the Acts of 1992, and Chapter 342 of the Acts of 1993

[SECTION 2. AND BE IT FURTHER ENACTED, That the provisions of this
Act shall have no force and effect on or after July 1, 1995.]

- 1362 -

 

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Session Laws, 1995
Volume 793, Page 1362   View pdf image
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