PARRIS N. GLENDENING, Governor                              S.B. 80

Sincerely,

Parris N. Glendening

Governor

Senate Bill No. 80

AN ACT concerning

Property Tax - Exempt Organizations----Leased Land American Association of Blood

Banks, Incorporated

FOR the purpose of including under a certain property tax exemption land leased by
certain organizations and appurtenant to an improvement owned by the exempt
organizations exempting from State property tax a certain portion of real property
that is owned or leased by the American Association of Blood Banks, Incorporated
under certain circumstances; authorizing the governing body of Montgomery
County to grant, by law, a property tax credit against a certain portion of real
property that is owned or leased by the American Association of Blood Banks,
Incorporated under certain circumstances; and generally relating to a property tax
exemption for certain exempt organizations.

BY repealing and reenacting, with amendments, adding to
Article - Tax - Property
Section 7-202(b) 7-302 and 9-317(d)
Annotated Code of Maryland
(1994 Replacement Volume and 1994 Supplement)

BY repealing and reenacting, without amendments,
Article—Tax—Property
Section 7-202(c)
Annotated Code of Maryland
(1994 Replacement Volume and 1994 Supplement)

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

Article - Tax - Property

7-202.

(b) (1) Except as provided in subsection (c) of this section, property is not
subject to property tax if the property:

(i) is necessary for and actually used exclusively for a charitable or
educational purpose to promote the general welfare of the people of the State, including
an activity or an athletic program of an educational institution; and

(ii) is owned by:

1. a nonprofit hospital;

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