1466

LAWS OF MARYLAND

Ch. 462

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1980.

Approved May 6, 1980.

CHAPTER 463

(House Bill 1361)

AN ACT concerning

Agricultural Development Tax — When Payable

FOR the purpose of providing that the agricultural
development tax becomes due under certain circumstances
specifying the nonagricultural assessment that shall be
used to compute the development tax; providing that
parcels of land under a certain acreage shall be
considered developed upon the occurrence of certain
actions and that the development tax shall apply to the
entire parcel; providing that parcels of land in excess
of a certain acreage shall not be considered developed
until certain actions occur; providing a definition of
development in the case of parcels of land in excess of
a certain acreage and providing for the amount of land
within such parcels that shall be subject to the
development tax; providing for the time that notice of
the development tax shall be provided to the taxpayer;
providing that the tax shall be due if the land is
transferred prior to the time real property taxes are
due; specifying the intent of the General Assembly that
this Act is clarifying and providing that taxes
collected prior to the effective date of this Act shall
be refunded, with interest at a certain amount, if
those taxes were in excess of a certain amount;
providing a severability clause; clarifying language;
and relating generally to the development tax.

BY repealing and reenacting, with amendments,

Article 81 - Revenue and Taxes

Section 19(b) (2)(B)(v) (i), (ii) and (v) and (ix)A

Annotated Code of Maryland

(1975 Replacement Volume and 1979 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be repealed, amended, or enacted to read as follows: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