Ch. 18

1995 LAWS OF MARYLAND

Article - Tax - Property

10-301.

[(a)]Except as otherwise provided by [subsection (b) of this section or] § 10-205
of this title, the Mayor and City Council of Baltimore City or the governing body of a
county or of a municipal corporation may authorize, by law, a discount, if the county or
municipal corporation property tax, as applicable, or appropriate tax district charge that
is due is paid during the grace period provided by § 10-102(b) of this title.

[(b) If the county property tax is paid during the grace period, the discount on the
county property tax on real property in Baltimore County is:

(1)     2% in July; and

(2)     1% in August.]

SECTION 2. AND BE IT FURTHER ENACTED, That:

(a)     This Act is contingent on the enactment by the Baltimore County Council of
legislation that:

(1) Effective July 1, 1995, imposes a discount of 1% for property taxes paid
in July and 0.5% for property taxes paid in August; and

(2) Effective August 1, 1995, imposes a credit against all county transfer
taxes imposed on the first $22,000 of any residential property sale; and

(b)     If legislation described in subsection (a) of this section is not enacted, this Act
shall be void without the necessity of further action by the General Assembly.

SECTION 2. 3. AND BE IT FURTHER ENACTED, That, subject to Section 2 of
this Act, this Act shall take effect July 1, 1995 and shall be applicable to all taxable years
beginning after June 30, 1995.

Approved April 11, 1995.

CHAPTER 18
(Senate Bill 281)

AN ACT concerning

Vietnam Veterans Memorial Parkway Highway

FOR the purpose of requiring the State Highway Administration to designate a certain
portion of Maryland Route 24 as the Vietnam Veterans Memorial Parkway
Highway.

BY adding to

Article - Transportation
Section 8-650

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