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1735
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HARRY HUGHES, Governor
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FOR the purpose of requiring certain counties and municipalities
to pay a certain value for outdoor advertising signs removed
or required to be removed by the county or municipality; and
defining certain terms.
BY adding to
Article 25 - County Commissioners
Section 122E
Annotated Code of Maryland
(1981 Replacement Volume and 1982 Supplement)
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SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article 25 - County Commissioners
122E.
(A) (1) IN THIS SECTION THE FOLLOWING WORDS HAVE THE
MEANINGS INDICATED.
(2) (I) "FAIR MARKET VALUE" MEANS A VALUE, DETERMINED
BY A SCHEDULE ADOPTED BY THE DEPARTMENT OF TRANSPORTATION, THAT
INCLUDES THE VALUE OF INTEGRAL PARTS OF AN OUTDOOR ADVERTISING
SIGN, LESS DEPRECIATION.
(II) "FAIR MARKET VALUE" DOES NOT INCLUDE A
VALUE FOR LOSS OF REVENUE.
(3) (I) "OUTDOOR ADVERTISING SIGN" MEANS AN
OFF-PREMISES OUTDOOR SIGN:
1. COMMERCIALLY OWNED AND MAINTAINED; AND
2. USED TO ADVERTISE GOODS OR SERVICES
FOR SALE IN A LOCATION OTHER THAN THAT ON WHICH THE SIGN IS
PLACED.
(II) "OUTDOOR ADVERTISING SIGN" INCLUDES SIGNS
COMPOSED OF PAINTED BULLETIN OR POSTER PANEL, AND USUALLY
REFERRED TO AS BILLBOARDS.
(B) A COUNTY OR MUNICIPALITY SHALL PAY THE FAIR MARKET
VALUE OF AN OUTDOOR ADVERTISING SIGN, REMOVED OR REQUIRED TO BE
REMOVED BY THE COUNTY OR MUNICIPALITY, THAT WAS LAWFULLY ERECTED
AND MAINTAINED UNDER ANY STATE, COUNTY, OR MUNICIPAL LAW OR
ORDINANCE.
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SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1983.
Approved May 31, 1983.
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