§1409. Property Tax Relief Fund.

Latest version.

(a) Establishment.--There is hereby established in the State Treasury a special fund to be known as the Property Tax Relief Fund, which shall receive money from the State Gaming Fund and any other money from any source designated for deposit in the Property Tax Relief Fund.

(b) Use of money.--Money in the Property Tax Relief Fund shall be used for local property and wage tax relief as specified by law and is hereby appropriated.

Notation

Cross References. Section 1409 is referred to in sections 13A62, 1408 of this title.

                    
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