506

LAWS OF MARYLAND

Ch. 8

Also in subsection (a) of this section, the former
reference to "provided the agency or attorney
representing the person or corporation has first filed
with the supervisor of assessments or the property tax
assessment appeal board his right or power of attorney
to represent the person or corporation" is deleted as
misleading, and, in any event, superfluous.

Subsection (c) of this section is revised to apply to
any appeal proceeding under this subtitle, for
clarity.

Defined terms: "Department" § 1-101
"Person" § 1-101 "Supervisor" § 1-101

14-508. SPECIAL PROVISIONS RELATING TO INCOME PRODUCING REAL
PROPERTY.

(A)  LIMITATION ON USE OF CAPITALIZATION OF INCOME METHOD.

IF AFTER NOTIFICATION UNDER § 8-105(B) OF THIS ARTICLE, A
TAXPAYER FAILS TO SUBMIT THE INCOME AND EXPENSE INFORMATION FOR
THE INCOME PRODUCING REAL PROPERTY, THE TAXPAYER MAY NOT
CHALLENGE THE VALUE OF THE REAL PROPERTY ON THE BASIS OF THE
CAPITALIZATION OF INCOME METHOD BEYOND THE SUPERVISOR LEVEL OF
APPEAL, UNLESS THE TAXPAYER PROVIDES THE APPROPRIATE INCOME AND
EXPENSE INFORMATION AT THE SUPERVISOR LEVEL OF APPEAL.

(B)  NOTIFICATION BY DEPARTMENT.

WHEN THE DEPARTMENT NOTIFIES A TAXPAYER OF THE SUPERVISOR'S
LEVEL OF APPEAL, THE DEPARTMENT SHALL STATE THAT IF THE TAXPAYER
FAILS TO PROVIDE THE INCOME AND EXPENSE INFORMATION AT THE
SUPERVISOR'S LEVEL, THE TAXPAYER MAY NOT CHALLENGE THE ASSESSMENT
ON THE BASIS OF THE CAPITALIZATION OF INCOME METHOD AT LATER
AVAILABLE APPEAL LEVELS.

REVISOR'S NOTE: This section is new language derived
without substantive change from the fifth sentence of
former Art. 81, § 14(e).

The balance of former Art. 81, § 14(e) now appears as
§ 8-105 of this article.

Defined terms: "Assessment" § 1-101
"Department" § 1-101 "Real property" § 1-101
"Supervisor" § 1-101 "Value" § 1-101

14-509. APPEALS TO PROPERTY TAX ASSESSMENT APPEAL BOARDS.

(A) APPEALING FINAL NOTICE OF ASSESSMENT MADE BY
SUPERVISOR.

(1) FOR PROPERTY ASSESSED BY A SUPERVISOR, ON OR