Alters the reimbursement schedule for local administration costs to the Maryland State Department of Assessments and Taxation.
The bill modifies the reimbursement schedule for local administration costs to the Maryland State Department of Assessments and Taxation. It changes the payment dates and percentages for counties and Baltimore City to cover 90% of the costs for real property valuation, business personal property valuation, and the Office of Information Technology. The changes apply to fiscal years 2012 and 2013.
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