Ch. 2

1992 LAWS OF MARYLAND

SECTION 15. AND BE IT FURTHER ENACTED, That Section 7 of this Act
shall take effect June 1, 1992 and shall be applicable to all fiscal years beginning on or
after July 1, 1992. Notwithstanding the provisions of § 16-205 of the Education Article,
for Fiscal Year 1993 only, a community college is not required to, but may, at its
discretion, provide a tuition waiver for a senior citizen who enrolls in a class at a
community college.

SECTION 16. AND BE IT FURTHER ENACTED, That, except as otherwise
provided in this Act, this Act shall take effect May 1, 1992.

Approved April 10, 1992.

CHAPTER 2
(Senate Bill 2)

AN ACT concerning

Budget Financing Act - Supplementary Provisions

FOR the purpose of altering the basis under which a supervisor of assessments shall
notify an appropriate county legal officer of the filing of certain assessment appeals;
requiring county governments to include on property tax bills a certain designation
relating to owner occupancy; authorizing the governing body of a county or
municipal corporation to grant a credit against the county or municipal corporation
property tax imposed on real property to offset certain increases in county income
tax revenues: repealing certain provisions relating to a certain State grant to certain
counties; requiring the Comptroller to distribute certain amounts to certain
counties and Baltimore City; providing for determination of the amount of the
distribution to each county based on the statewide and county per capita yields from
the county income tax for certain taxable years subject to certain limits; prohibiting
a county from receiving a certain distribution if the county income tax rate is less
than a certain percent for certain taxable years; providing for the sharing by the
State and the counties of the cost of educating children with disabilities in certain
nonpublic programs; altering the calculation of certain distributions of income tax
revenues to certain municipal corporations and special taxing districts; altering the
maximum county income tax rate that a county or Baltimore City may set, subject to
certain requirements; altering the increments by which a county may increase or
decrease its county income tax rate; altering tax rates and rate brackets under the
Maryland income tax on individuals; providing for the application of the income tax
rates to the joint Maryland taxable income of a husband and wife; requiring a
husband and wife who file a joint federal income tax return to file a joint Maryland
income tax return; allowing a subtraction modification under the individual income
tax for certain earned income of a two-earner married couple filing a joint return;
imposing a certain limitation on county income taxes imposed on an individual;
requiring the Governor to include for certain fiscal years certain funds in the budget
for the Revenue Stabilization Account of the State Reserve Fund; requiring the

- 70 -