HARRY HUGHES, Governor

1163

Property Tax Exemptions

FOR the purpose of providing that when tax exempt property is
transferred to a person whose use of the property qualifies
the property for exemption from the date of transfer the
property tax is to be abated from that date.

BY repealing and reenacting, with amendments,

Article - Tax - Property

Section 7-104

Annotated Code of Maryland

(As enacted by Chapter ____ (S.B. 1) of the

Acts of the General Assembly of 1985)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Tax - Property

7-104.

(a)  Except as provided IN SUBSECTION (C) OF THIS SECTION
AND in § 7-215 of this title, property tax on wholly exempt
property shall be abated for the taxable year that follows the
date on which the property became exempt.

(b)  If an owner of property subject to an exemption on June
30 files an application for abatement on or before the following
September 1 with the Department or the supervisor, the tax is
abated for the taxable year.

(C) IF PROPERTY THAT IS EXEMPT FROM PROPERTY TAX IS
TRANSFERRED TO A PERSON WHOSE USE OF THE PROPERTY QUALIFIES THE
PROPERTY FOR AN EXEMPTION FROM THE DATE OF TRANSFER, THEN THE
PROPERTY TAX SHALL BE ABATED FROM THAT DATE.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect February 1, 1986.

Approved April 9, 1985.

CHAPTER 52
(House Bill 342)
AN ACT concerning

Spending Affordability Committee - Annual Report