810

LAWS OF MARYLAND

Ch. 212

annual valuation of real properties to a 3-year period
of assessment review and providing for the manner of
assessing real property during a 3-year cycle;
specifying the requirements for assessment notices;
changing the time for determining and amending the
constant yield tax rate and the calculations to
determine the rate; correcting certain provisions of
the assessment laws; and relating to the assessment and
valuation of properties subject to real property
taxation.

BY repealing and reenacting, with amendments,

Article 81 - Revenue and Taxes

Section 232(8) and 29(a) 14(b), 29(a), 232(8), and

232C(b)
Annotated Code of Maryland
(1975 Replacement Volume and 1978 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
be repealed, amended, or enacted to read as follows:

Article 81 - Revenue and Taxes

232.

The jurisdiction, supervision, powers and duties of the
Department herein created, and the Director thereof shall
extend under this article.

(8)(a) To maintain and enforce a continuing method of
assessment review, so that, COMMENCING WITH THE 1980-81
TAXABLE YEAR all assessable real property in every county
and Baltimore City shall be reviewed AND REASSESSED [at
least] once [each year] EVERY 3 YEARS, EXCEPT AS PROVIDED IN

PARAGRAPH (D). THE DEPARTMENT SHALL ANNUALLY ORDER AND

ENFORCE, BY CLASSES OR DISTRICTS, THE REASSESSMENT OF
ONE-THIRD OF THE ASSESSABLE PROPERTY IN EACH COUNTY.

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