HARRY HUGHES, Governor

2553

CHAPTER 682

(Senate Bill 657)

AN ACT concerning

Agricultural Land Transfer Tax —Exemptions

FOR the purpose of imposing the agricultural land transfer tax
plus interest on certain transfers that involve certain
nonagricultural improvements under certain circumstances;
setting a certain interest rate; imposing a lien in a
certain amount on land for which the tax and interest are
due; requiring the tax and interest payment on a certain
date; requiring certain transferees of certain agricultural
land to file a certain declaration for the purposes of the
agricultural land transfer tax; imposing certain limitations
on the circumstances in which the declaration may be filed;
imposing a certain tax plus a certain interest on certain
land that fails to qualify for agricultural use assessment
under certain circumstances; requiring certain notice under
certain circumstances; clarifying the applicability of the
provisions of this Act; repealing certain provisions
relating to the agricultural land transfer tax; renumbering
certain sections of the Tax - Property Article; and
generally relating to the agricultural land transfer tax.

BY repealing and reenacting, with amendments,

Article - Tax - Property
Section 13-305(c)
Annotated Code of Maryland
(1986 Volume)

BY renumbering

Article - Tax - Property

Section 13-305(d), (e), and (f), respectively

to be Section 13-305(e), (f), and (g) (f), (g), and (h),

respectively
Annotated Code of Maryland
(1986 Volume)

BY adding to

Article - Tax - Property
Section 13-305(d) and (e)
Annotated Code of Maryland
(1986 Volume)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section(s) 13-305(d), (e), and (f), respectively,