Anne Arundel County may dedicate and, as provided in the annual County budget, expend:
(1) up to 50% of the revenues received from the real property transfer tax rate levied under § 4-3A-101(c)(1) in each fiscal year for the payment of debts and costs incurred for the construction of water and wastewater facilities; and
(2) if the County has an Agricultural Land Preservation Program certified under § 5-408 of the State Finance and Procurement Article of the State Code, up to 20% of the revenues received from the real property transfer tax rate levied under § 4-3A-101(c)(1) in each fiscal year for the purchase of agricultural easements under the County Agricultural Land Preservation Program.
(1985 Code, Art. 6, § 7-101.1) (Bill No. 40-23)
State Code reference – 1994 Md. Laws, Ch. 96.
Editor's note – This section was transferred to the Public Local Laws of Maryland (Article 2 - Anne Arundel County) by 1985 Md. Laws, Ch. 8, § 10. This section formerly appeared as Article 81, § 278C, of the State Code. With the revision of the tax laws through the Tax-Property Article of the State Code, various local provisions were transferred to the public local laws for the appropriate county. This section was added to the 1967 County Code as § 17-711, and renumbered in the 1985 County Code as Article 6, § 7-101.1.
Editor’s note – This section was amended by 2021 Md. Laws, Ch. 10, § 1.