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Ch. 312 2002 LAWS OF MARYLAND
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(iii) (IV) For property assessed under agricultural use assessment,
the high-bid premium shall be 20% of the amount by which the highest bid exceeds
the appropriate value determined by the collector.
(iv) (V) In addition to the amounts payable under paragraph (1) of
this subsection, the highest bidder shall pay a high-bid premium if the collector:
1. determines that a high-bid premium shall be used for the
tax sale; and
2. indicates in the public notice of the sale that the high-bid
premium will be applied.
(v) (VI) The collector shall refund the high-bid premium, without
interest, to:
1. the holder of the tax sale certificate on redemption of the
property for which the high-bid premium was paid; or
2. the plaintiff in an action to foreclose the right of
redemption on delivery of a tax sale deed for the property for which the high-bid
premium was paid.
(vi) (VII) The high-bid premium is not refundable after the time
required under § 14-833 of this subtitle for an action to foreclose the right of
redemption if there has been no redemption and if an action to foreclose the right of
redemption has not been filed within that time.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
July 1, 2002.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act is an
emergency measure, is necessary for the immediate preservation of the public health
or safety, has been passed by a yea and nay vote supported by three-fifths of all the
members elected to each of the two Houses of the General Assembly, and shall take
effect from the date it is enacted.
Approved May 6, 2002.
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CHAPTER 312
(Senate Bill 419)
AN ACT concerning
Maryland Infants and Toddlers Act of 2002
FOR the purpose of renaming a certain statewide interagency system of
comprehensive early intervention services for certain infants and toddlers to be
the Maryland Infants and Toddlers Program; providing for the purpose of the
Program; requiring the Maryland State Department of Education to distribute
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