264

LAWS OF MARYLAND

Ch. 8

Also in subsection (a) of this section, the reference
to both "assessments" being recorded is substituted
for the former reference to both "valuations" shall be
recorded, for clarity.

In subsection (b) of this section, the phrase "[a]ny
assessment made under this section or § 8-222 of this
subtitle" is substituted for the former reference to
"[b]oth such assessments", for clarity.

Also in subsection (b) of this section, the reference
to the procedures "of this article for real property"
is substituted for the former reference to procedures
for "real estate assessments", for clarity.

The second sentence of former Art. 81, § 19(f)(4),
which provided a cross-reference to what now appears
as § 8-222(b) of this subtitle, is deleted as
superfluous.

Defined terms: "Assess" § 1-101

"Assessment" § 1-101 "Real property" § 1-101

"Value" § 1-101

8-224. SAME -- REASSESSING AND DEFERRED TAXES.

(A)  SUBDIVISION OR CONSTRUCTION.

(1)  IF A PART OF ANY LAND THAT MEETS THE REQUIREMENTS
OF § 8-221 OF THIS SUBTITLE IS SUBDIVIDED BY A RECORDED PLAT OR
IS IMPROVED BY THE CONSTRUCTION OF PERMANENT BUILDINGS, THE
ASSESSMENT OF THAT PART UNDER § 8-222 OF THIS SUBTITLE SHALL BE
TERMINATED, AND THE PART SHALL BE ASSESSED AS PROVIDED UNDER §
8-205 OF THIS SUBTITLE.

(2)  THE REMAINING PART OF THE LAND DESCRIBED UNDER
PARAGRAPH (1) OF THIS SUBSECTION MAY CONTINUE TO BE ASSESSED
UNDER § 8-222 OF THIS SUBTITLE IF THE REMAINDER MEETS ALL OF THE
REQUIREMENTS OF § 8-221 OF THIS SUBTITLE OTHER THAN THE 500-ACRE
REQUIREMENT.

(B)  REZONING AND DEFERRED TAXES.

(1)  IF A PART OF ANY LAND THAT MEETS THE REQUIREMENTS
OF § 8-221 OF THIS SUBTITLE IS REZONED AT THE REQUEST OF THE
OWNER TO A ZONING CLASSIFICATION THAT DOES NOT MEET THE
REQUIREMENTS OF § 8-221 OF THIS SUBTITLE, THE ASSESSMENT OF THAT
PART UNDER § 8-222 OF THIS SUBTITLE SHALL BE TERMINATED AND THE
PART SHALL BE ASSESSED AT THE GREATER VALUE DETERMINED UNDER §
8-223 OF THIS SUBTITLE.

(2)  WHEN A PROPERTY IS ASSESSED UNDER PARAGRAPH (1)
OF THIS SUBSECTION, A DEFERRED PROPERTY TAX IS DUE FOR THE AMOUNT
OF THE DIFFERENCE, IF ANY, BETWEEN THE ASSESSMENT OF THE LAND