Ch. 247                                    2003 LAWS OF MARYLAND

The Public Local Laws of Montgomery County

Section 65-3, 65-4, 65-6(d), 66-2, 66-11, 68-4, 70-2, and 70-7

Article 16 - Public Local Laws of Maryland

(1997 Edition and January 2003 Supplement, as amended)

BY repealing and reenacting, with amendments,
The Public Local Laws of St. Mary's County
Section 27-11A and 49-2B
Article 19 - Public Local Laws of Maryland
(1998 Edition and June 2001 Supplement, as amended)

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

Chapter 80 of the Acts of 2000

SECTION 7. AND BE IT FURTHER ENACTED, That, except as expressly
provided otherwise in this Act:

(1)     Effective October 1, 2000, real property tax rates, for purposes of
application against the full value assessment established by Section 1 of this Act,
shall be 40% of the real property tax rates effective July 1, 2000;

(2)     It is the intent of the General Assembly that the impact of this Act be
revenue neutral;

(3)     Any limit on a local tax rate in a local law or charter provision in
effect on September 30, 2000 that is expressed as a rate to be applied to an
assessment of real property, shall be construed to mean a rate equal to 40% times the
rate stated in the local law or charter provision; and any debt limit in a local law or
charter provision in effect on September 30, 2000 that is expressed as a percentage of
an assessment of real property or assessable base of real property, shall be construed
to mean a percentage equal to 40% times the percentage stated in the local law or
charter provision; and

(4)     This Act may not be construed to alter or affect the fiscal impact of
any provision of State or local law or county or municipal charter on any computation
prescribed by law or regulation that uses property tax assessments as part of the
computation.

Article 1 - Allegany County

33-5.

The Board of County Commissioners of Allegany County is hereby authorized,
empowered and directed to levy and cause to be collected from the property owners at
the time of the county tax levy for the year 1949 and each succeeding year thereafter,
within said described area, "Cresaptown Special Taxing Area or District," as named
and created and defined by this chapter, amounts to be fixed by them at not more
than [forty-five cents ($0.45)] EIGHTEEN CENTS ($0.18) on each one hundred dollars
($100.) worth of assessable [property] REAL PROPERTY OTHER THAN OPERATING

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