HARRY HUGHES, Governor

501

IF:

(1)  THE OWNER CLAIMS THAT THE PERSONAL PROPERTY IS
VALUED AT A HIGHER VALUE THAN IF THE INFORMATION HAD BEEN
REPORTED ACCURATELY; AND

(2)  THE APPEAL IS MADE ON OR BEFORE 3 YEARS FROM THE
DATE OF THE FINAL NOTICE OF ASSESSMENT.

(C) HEARING REQUIRED.

IF THE REQUIREMENTS OF SUBSECTION (A) OR (B) OF THIS SECTION
ARE MET, THE SUPERVISOR OR THE SUPERVISOR'S DESIGNEE SHALL HOLD A
HEARING AS PROVIDED UNDER § 14-510 OF THIS SUBTITLE.

REVISOR'S NOTE: This section is new language derived
without substantive change from the third sentence of
former Art. 81, § 255(a) and the second sentence, as
it related to petition for review.

Subsection (c) of this section is revised to state
expressly what formerly was only implied in the law --
i.e., that if the requirements regarding the appeal
are met, the supervisor or the supervisor's designee
must hold a hearing.

In subsection (a) of this section, the reference to
the "owner of real property assessed by a supervisor"
is added to clarify who may file a petition for
review.

Also in subsection (a) of this section, the phrase
"may appeal ... by submitting a petition for review"
is substituted for the former reference to "unless
application for", for clarity. Similarly, in
subsection (b) of this section, the phrase "may appeal
... by submitting a petition for review" is
substituted for the former reference that a taxpayer
"claims", for clarity.

Also in subsection (a) of this section, the reference
to "value or classification of the real ' property" is
substituted for the former reference to "revaluation
or reclassification as to an existing or proposed
assessment", for clarity.

Also in subsection (a) of this section, the reference
"for the next taxable year" is substituted for the
former reference "for the taxable year in question",
to clarify the legislative intent and the current
departmental practice.

In the introductory language of subsection (b) of this
section, the reference to the owner "who reported cost
or market information concerning the property under §