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Ch. 345 2005 LAWS OF MARYLAND
Approved May 10, 2005.
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CHAPTER 345
(Senate Bill 973)
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AN ACT concerning
Agricultural Limited Liability Entities - Homestead Tax Credit
FOR the purpose of altering certain definitions to include partners in certain limited
liability partnerships within the definition of "homeowner" for certain property
tax purposes under certain circumstances; providing for the application of this
Act; authorizing the Department of Assessments and Taxation to accept certain
applications on or before a certain date; and generally relating to including
partners in certain limited liability partnerships within the definition of
"homeowner" for certain property tax purposes under certain circumstances.
BY repealing and reenacting, without amendments,
Article - Tax - Property
Section 9-105(a)(l)
Annotated Code of Maryland
(2001 Replacement Volume and 2004 Supplement)
BY repealing and reenacting, with amendments,
Article - Tax - Property
Section 9-105(a)(3), (6), and (7) and (c)(4)
Annotated Code of Maryland
(2001 Replacement Volume and 2004 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Tax - Property
9-105.
(a) (1) In this section the following words have the meanings indicated.
(3) "Homeowner" means an individual who has a legal interest in a
dwelling or who is an active member of an agricultural limited liability [company]
ENTITY that has a legal interest in a dwelling.
(6) "Agricultural limited liability [company] ENTITY" means a limited
liability company OR LIMITED LIABILITY PARTNERSHIP that:
(i) owns real property that:
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