786

LAWS OF MARYLAND

Ch. 171

(3) AN AGENCY OF THE STATE; OR
(4) A POLITICAL SUBDIVISION OF THE STATE.
13-305.

(d)  (3) The tax and interest due under paragraph (2) of
this subsection are a lien on the agricultural land that was
transferred. The tax is due on the earlier date of:

(i) the next date on which property tax on the
agricultural land is due under § 10-102 of this article; or

(ii) the date of the next transfer of any part
of the agricultural land.

(e)  (3) For the purpose of paragraph (2) of this
subsection, the supervisor:

(i) shall determine the value of the land not
subject to the declaration on the date of transfer; and

(ii) give the grantor at THE time of transfer a
notice of the value of the land, which the grantor may protest as
provided by § 8-404 of this article.

(5) The tax and interest due under paragraph (4) of
this subsection are a lien on the agricultural land that was
transferred. The [lien] TAX is due on the earlier date of:

(i) the next date on which property tax on the
agricultural land is due under § 10-102 of this article; or

(ii) the date of the next transfer of any part
of the agricultural land.

13-306.

(a)  (1) Except in Montgomery County, each county collector
shall remit from a special account to the Comptroller, as the
Comptroller specifies, two-thirds of the revenue from the
agricultural land transfer tax. In Montgomery County, if §
52-21(d) (1979) of the Montgomery County Code is in effect or a
transfer tax substantially similar to that provision is in
effect, the collector for Montgomery County shall remit one-third
of the revenue to the Comptroller.

(2) The Comptroller shall deposit the revenue
remitted into the Maryland Agricultural Land Preservation Fund to
be used for the purposes stated in § 2-505 of the Agriculture
Article.

(b)  Each county collector shall hold the remainder of the
revenue in a special county account FOR 3 YEARS to be used for an