HARRY HUGHES, Governor
3259
CHAPTER 809
(Senate Bill 235)
AN ACT concerning
Agricultural Use Assessment - Subdivided Land
FOR the purpose of removing a certain condition relating to
disqualification of subdivided land for an agricultural
use assessment; and generally relating to agricultural
use assessments for subdivided land.
BY repealing and reenacting, with amendments,
Article 81 - Revenue and Taxes
Section 19(b)(2)(A)(iii)
Annotated Code of Maryland
(1980 Replacement Volume)
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be repealed, amended, or enacted to read as follows: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
19.
(b) (2) (A) The following lands are not subject to the
provisions of paragraph (1):
(iii) Land subdivided into lots or
parcels after July 1, 1972, does not qualify under paragraph
(1), from and after the first day of the taxable year in
which the subdivision occurs; provided, however, that,
except for the dwelling house and homesite which shall be
assessed at fair market value, no parcel of 20 acres or more
[conveyed to another party] shall be disqualified solely as
a result of that [conveyance] SUBDIVISION. For the purposes
of this section "homesite" is defined as that area of land
reasonably related to the dwelling. The following
subdivided land is not disqualified under the provisions of
this subparagraph (iii):
(a) Land subdivided by means of a
recorded plat filed for record prior to July 1, 1972;
(b) Land subdivided in order to
convey a single lot or parcel to a member of the owner's
immediate family for that member's residence;
(c) Land subdivided in order to
dedicate or convey one or more lots or parcels for public
school or park purposes;
|