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Session Laws, 1995
Volume 793, Page 2439   View pdf image
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PARRIS N. GLENDENING, Governor

Ch. 370

(2) FOR WHICH THE MUNICIPAL CORPORATION IS CONTRACTUALLY
LIABLE UNDER THE LEASE.

(B)     THE CREDIT UNDER THIS SECTION DOES NOT APPLY WHEN THE
MUNICIPAL CORPORATION LEASING THE PROPERTY SUBLEASES THE PROPERTY,
USES IT FOR ANY PROFIT MAKING PURPOSE, OR NO LONGER OCCUPIES THE
PROPERTY.

(C)     THE LESSOR OF PROPERTY ELIGIBLE FOR A TAX CREDIT UNDER THIS
SECTION SHALL REDUCE BY THE AMOUNT OF THE TAX CREDIT THE AMOUNT OF
TAXES FOR WHICH THE MUNICIPAL CORPORATION IS CONTRACTUALLY LIABLE
UNDER THE LEASE AGREEMENT.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
July 1, 1995.

Approved May 18, 1995.

CHAPTER 370
(Senate Bill 210)

AN ACT concerning

County Boards of Education - Members - Immunity

FOR the purpose of providing a certain immunity from civil liability for members of
county boards of education under certain circumstances; making certain technical
changes; and generally relating to immunity for members of county boards of
education.

BY repealing and reenacting, without amendments,
Article - Education
Section 1-101(d)
Annotated Code of Maryland
(1992 Replacement Volume and 1994 Supplement)

BY repealing and reenacting, with amendments,
Article - Education
Section 4-105.1
Annotated Code of Maryland
(1992 Replacement Volume and 1994 Supplement)

BY repealing and reenacting, with amendments,
Article - Courts and Judicial Proceedings
Section 5-353
Annotated Code of Maryland

- 2439 -

 

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Session Laws, 1995
Volume 793, Page 2439   View pdf image
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