HARRY HUGHES, Governor                                       503

DEPARTMENT.

(A)  IN GENERAL.

FOR PERSONAL PROPERTY ASSESSED BY THE DEPARTMENT, THE OWNER
WHO REPORTED COST OR MARKET INFORMATION FOR THE PERSONAL PROPERTY
TO THE DEPARTMENT BUT FAILED TO REPORT THE INFORMATION ACCURATELY
MAY APPEAL THE VALUE OR CLASSIFICATION OF THE PERSONAL PROPERTY
SET FORTH IN THE NOTICE OF ASSESSMENT BY SUBMITTING A PETITION
FOR REVIEW TO THE DEPARTMENT 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 WITHIN 3 YEARS OF THE DATE OF
THE NOTICE OF ASSESSMENT.

(B)  HEARING REQUIRED.

IF THE REQUIREMENTS OF SUBSECTION (A) OF THIS SECTION ARE
MET, THE DEPARTMENT SHALL HOLD A HEARING AS PROVIDED UNDER §
14-510 OF THIS SUBTITLE.

. REVISOR'S NOTE: This section is new language added to
clarify the process for submitting the petition for
review of personal property assessed by the
Department. It is patterned after § 14-502 of this
subtitle.

Defined terms: "Assess" § 1-101
"Assessment" § 1-101 "Department" § 1-101
"Petition for review" § 14-501 "Value" § 1-101

14-506. NONPROPERTY TAX ASSESSMENTS BY DEPARTMENT.

(A)  "DETERMINATION" DEFINED.

IN THIS SECTION, "DETERMINATION" MEANS AN ASSESSMENT, OTHER
THAN A PROPERTY TAX ASSESSMENT, MADE BY THE DEPARTMENT UNDER THIS
ARTICLE, FOR TAXES, LICENSE FEES, OR CHARGES.

(B)  NOTICE OF DETERMINATION.

(1)  THE DEPARTMENT SHALL PROMPTLY NOTIFY EACH PERSON
OF ANY ACTION THAT THE DEPARTMENT TAKES REGARDING A DETERMINATION
AGAINST THE PERSON.

(2)  THE DEPARTMENT SHALL DELIVER OR MAIL, POSTAGE
PREPAID, THE NOTICE OF DETERMINATION TO:

(I)  THE LAST KNOWN ADDRESS OF THE PERSON
AGAINST WHOM THE ACTION WAS TAKEN; OR

(II)  IF A REQUEST IS SUBMITTED UNDER § 14-507