Ch. 666 LAWS OF MARYLAND

PROVIDE REASONABLE NOTICE TO THE AFFECTED COMMUNITIES OF
FISHERMEN AND THE PUBLIC.

(H) NOTWITHSTANDING ANY OTHER PROVISION OF THIS TITLE,
ONCE A FISHERY MANAGEMENT PLAN HAS BEEN ADOPTED BY
REGULATION, THE STATE'S FISHERY RESOURCES SHALL BE HARVESTED
IN ACCORDANCE WITH THE CONSERVATION AND MANAGEMENT
MEASURES IN THE FISHERY MANAGEMENT PLAN AND ANY
REGULATIONS IMPLEMENTING OR AMENDING THAT PLAN.

(11 THE PROVISIONS OF THIS SECTION DO NOT APPLY TO
AQUACULTURE ACTIVITIES IN NQNTIDAL PONDS, LAKES, OR
IMPOUNDMENTS IN THE STATE.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take
effect July 1, 1990.

Approved May 29, 1990.

CHAPTER 666
(House Bill 1215)

AN ACT concerning

Property Tax Assessments - Income Producing Real Property

FOR the purpose of requiring a property tax assessment supervisor to consider a certain
valuation method in valuing income producing commercial real property.

BY repealing and reenacting, with amendments,
Article - Tax - Property
Section 8-105(a)

Annotated Code of Maryland

(1986 Volume and 1989 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Tax - Property

8-105.

(a) Except for land that is actively devoted to farm or agricultural use, the
supervisor:

(1) may value income producing real property by using the capitalization
of income method or any other appropriate method of valuing the real property; AND

(2) SHALL CONSIDER THE CAPITALIZATION OF AN INCOME

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