HARRY HUGHES, Governor

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recent years, the General Assembly directed that
property not required to be taxed be assessed for
revenue management and information purposes.

Defined terms: "Property tax" § 1-101
"Real property" § 1-101 "Value" § 1-101

(C)  ASSESSMENT.
"ASSESSMENT" MEANS:

(1)  FOR REAL PROPERTY, THE ADJUSTED VALUE TO WHICH
THE PROPERTY TAX RATE MAY BE APPLIED; AND

(2)  FOR PERSONAL PROPERTY, THE VALUE TO WHICH THE
PROPERTY TAX RATE MAY BE APPLIED.

REVISOR'S NOTE: This subsection is new language added to
avoid repetition of phrases such as "the adjusted
value to which the property tax rate is applied" and
"the value to which the property tax rate is applied".
The "value" of personal property and the "assessment"
of personal property are the same amount.

Note that the reference that the property tax rate
"may be applied" is used instead of a reference that
the property tax rate "is applied". Historically,
assessment involved the determination of a value to
which the property tax rate is applied. However, in
recent years, the General Assembly has directed that
property not required to be taxed be assessed for
revenue management and information purposes.

(D)  ASSESSMENT ROLL.

"ASSESSMENT ROLL" MEANS THE OFFICIAL LISTING OF ASSESSMENTS
OF PROPERTY REQUIRED UNDER § 2-202(3) OF THIS ARTICLE.

REVISOR'S NOTE: This subsection is new language added to
clarify the distinction between the assessment roll
and the tax roll.

Defined terms: "Assessment" § 1-101
"Property" § 1-101

(E)  COLLECTOR.

"COLLECTOR" INCLUDES AN OFFICER OF A COUNTY OR MUNICIPAL
CORPORATION WHO HAS A DUTY TO COLLECT OR REMIT TAXES.

REVISOR'S NOTE: This subsection is new language that
repeats the provisions of present Art. 81, § 2(21).

The defined term "municipal corporation" is
substituted for the present word "city", for clarity.