Ch. 124

1995 LAWS OF MARYLAND

SECTION 3. AND BE IT FURTHER ENACTED, That $550,000 of transfer tax
revenues allocated for Program Open Space under Title 5, Subtitle 9 of the Natural
Resources Article in Fiscal—Year 1997 shall be credited to the Dedicated Purpose
Account of the State Reserve Fund established under § 7-310 of the State Finance and
Procurement Article. Of the total $550,000, an amount not to exceed $250,000 shall be
used to reimburse Prince George's County for costs incurred to modify its computerized
property tax billing and collection system in order to comply with this Act, and an amount
not to exceed $300,000 shall be used to reimburse municipal corporations in the State for
costs incurred to modify their computerized property tax billing and collection systems in
order to comply with this Act. The Governor may appropriate these funds at the 1996
Session. The appropriation may be expended upon certification by the State Department
of Assessments and Taxation that costs being claimed for reimbursement by Prince
George's County or a municipal corporation were incurred for the purposes described in
this section.

SECTION 4. AND BE IT FURTHER ENACTED, That in order to make the
transition to semiannual property tax payment and collection systems efficient and
effective, it is the intent of the General Assembly that the counties work cooperatively
with each other and with the municipal corporations to modify their property tax
collection data processing and related management systems, and that to the extent
feasible, resources, systems, and technology should be shared to minimize costs.

SECTION 5. AND BE IT FURTHER ENACTED, That Section 1 of this Act shall
take effect July 1, 1995 and shall be applicable to all tax years beginning after June 30,
1996, contingent on the appropriation of at least $2,700,000 in the supplemental budget for
Fiscal Year 1996 to the counties and municipalities to reimburse for costs incurred to modify
computerized property tax billing and collection systems to comply with the provisions of
Section 1 of this Act.

SECTION 6. AND BE IT FURTHER ENACTED, That Section 2 of this Act shall
take effect September 1, 1995.

SECTION 7. AND BE IT FURTHER ENACTED, That Sections 3 and 4 of this Act
shall take effect June 1, 1995.

Approved May 9, 1995.

CHAPTER 124
(Senate Bill 648)

AN ACT concerning

State Taxes Income Tax - Credits for Clean-Fuel Vehicles and Refueling Property

FOR the purpose of allowing certain taxpayers a credit against certain State taxes the
State income tax for the cost of purchase of alternative-fuel and electric vehicles,
and for certain property installed on a vehicle for the purposes of permitting the
vehicle to be propelled by certain alternative fuels, and for the installation of certain

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