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Session Laws, 1985
Volume 760, Page 474   View pdf image
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474

LAWS OF MARYLAND

Ch. 8

OPEN SPACE) OF THE NATURAL RESOURCES ARTICLE; AND

2. THE BALANCE IN EXCESS OF $24,000,000
TO THE GENERAL FUND OF THE STATE.

(2)  THE SUM ALLOCATED UNDER PARAGRAPH (1)(II)1. OF
THIS SUBSECTION MAY NOT REVERT TO THE GENERAL FUND OF THE STATE.

(3)  UNLESS OTHERWISE PROVIDED BY LAW, THIS SUBSECTION
SHALL REMAIN IN EFFECT UNTIL JUNE 30, 1990.

REVISOR'S NOTE: Subsections (a) and (b)(1) and (2) of this
section are new language derived without substantive
change from the introductory language of former Art.
81, § 278A(f).

Subsection (b)(3) of this section is new language that
repeats the provisions of the sunset date in Section
2, Ch. 665, Acts of 1984.

In subsection (a) of this section, the word "revenue"
is substituted for the former word "proceeds", for
clarity.

In subsection (b)(2) of this section, the phrase "may
not revert to the General Fund of the State" is
substituted for the former phrase "shall remain
available until expended and shall not be reverted
under any other provision of law", for clarity and
brevity.

Defined term: "Transfer tax" § 13-201

SUBTITLE 3. AGRICULTURAL LAND TRANSFER TAX.

13-301. DEFINITIONS.

(A)  IN GENERAL.

IN THIS SUBTITLE THE FOLLOWING WORDS HAVE THE MEANINGS
INDICATED.

REVISOR'S NOTE: This subsection is new language used as the
standard introductory language to a definition
section.

(B)  AGRICULTURAL LAND.

"AGRICULTURAL LAND" MEANS REAL PROPERTY THAT IS OR WAS
ASSESSED ON THE BASIS OF FARM OR AGRICULTURAL USE UNDER § 8-209
OF THIS ARTICLE.

REVISOR'S NOTE: This subsection is new language derived
without substantive change from the introductory
language of Art. 81, § 278F(a), as that language

 

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Session Laws, 1985
Volume 760, Page 474   View pdf image
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