It is necessary for the economic well-being
of Wicomico County to continue the exemption of the inventories of
the importer in the original package, thereby aiding the economic
condition of Wicomico County by attracting and retaining commerce.
The inventories of foreign imports of importers
located within Wicomico County shall be exempt from ordinary County
taxation, provided that the imported property is in the hands of the
importer in the original package.
Any and all public local laws or special laws,
ordinances or resolutions and any and all parts of any public local
laws or special laws, ordinances or resolutions inconsistent with
any of the provisions of this article are hereby repealed to the extent
of any such inconsistency.
This article shall take effect from the date
of its passage, this 16th day of August 1977, and shall be construed
only prospectively and may not be applied or interpreted to have any
effect upon or application to any event or happening occurring prior
to the effective date hereof.