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Session Laws, 1987
Volume 769, Page 3358   View pdf image
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Ch. 746                                    LAWS OF MARYLAND

SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1987.

Approved June 2, 1987.

CHAPTER 746

  (House Bill 1589)

AN ACT concerning

Queen Anne's County - Property Tax

FOR the purpose of including Queen Anne's County and any
municipal corporation in Queen Anne's County among those
counties and municipal corporations that are exempted from
the general provision of law that establishes a certain rate
of interest for each month or fraction of a month that the
county or municipal corporation property tax or taxing
district property tax is overdue.

BY repealing and reenacting, with amendments,

Article - Tax - Property
Section 14-603

Annotated Code of Maryland
(1986 Volume and 1986 Supplement)

SECTION 1. BE IT ENACTED BY THE. GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Tax - Property

14-603.

(a)  Except as provided in subsection (b) of this section
and for estimated personal property tax in § 14-604 of this
subtitle, the rate of interest for full year county or municipal
corporation property tax or taxing district property tax is
two-thirds of 1% for each month or fraction of a month that the
county or municipal corporation property tax or taxing district
property tax is overdue.

(b)  For the following counties and municipal corporations
the rate of interest for each month or fraction of a month that
county or municipal corporation property tax or taxing district
property tax is overdue is:

(1) 1% for Garrett County;

- 3358 -

 

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Session Laws, 1987
Volume 769, Page 3358   View pdf image
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