Ch. 743                                       LAWS OF MARYLAND

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1989.

Approved May 25, 1989.

CHAPTER 743

(House Bill 1383)

AN ACT concerning

Property Tax - Nonprofit Fire Companies or Rescue Squads

FOR the purpose of exempting from property tax certain property
owned by an incorporated, nonprofit fire company or rescue
squad that is used as a residence for certain individuals;
and providing for the applicability of this Act.

BY repealing and reenacting, with amendments,

Article - Tax - Property

Section 7-209

Annotated Code of Maryland

(1986 Volume and 1988 Supplement)

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

Article - Tax - Property

7-209.

Property is not subject to property tax if the property:

(1)  is owned by an incorporated, nonprofit fire
company or rescue squad; and

(2)  is necessary for and actually used exclusively
for the purposes of the fire company or rescue squad, including
property that:

(i) is used for:

1.   training; or

2.  fund raising at carnivals or bazaars;

(ii) is held in an advanced land acquisition
program of the fire company or rescue squad;

- 4130 -