EXPLANATION: CAPITALS indicate matter added to existing law.
[Brackets] indicate matter deleted from existing law.
CITY OF BALTIMORE
COUNCIL BILL 12-0068
(First Reader)
Introduced by: The Council President
At the request of: The Administration (Department of Finance)
Introduced and read first time: April 30, 2012
Assigned to: Committee of the Whole
A BILL ENTITLED
AN ORDINANCE concerning
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Annual Property Tax - Fiscal Year 2013
FOR the purpose of providing a tax for the use of the Mayor and City Council of Baltimore for the period July 1, 2012 through June 30, 2013; providing for estimated billings pursuant to State law; and setting the semiannual payment service charge for that period.
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SECTION L. BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF BALTIMORE, That for the period July 1, 2012 through June 30, 2013, a tax is levied and imposed for the use of the Mayor and City Council of Baltimore on all property in the City of Baltimore (except property exempt by law), as follows:
(a) except as otherwise specified in item (b) of this section, a tax of $2.268 is levied and imposed on every $100 of assessed or assessable value of real property; and
(b) a tax of $5.67, is levied and imposed on every $100 of assessed or assessable value of:
(1) personal property; and
(2) operating real property described in State Tax-Property Article ยง 8-109(c).
SECTION 2. AND BE IT FURTHER ORDAINED, That this tax shall be paid and collected in the manner prescribed by law including the provisions of Section 10-210 of the Tax-Property Article of the Annotated Code of the Public General Laws of Maryland.
SECTION 3. AND BE IT FURTHER ORDAINED, That for the period July...
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