WILLIAM DONALD SCHAEFER, Governor                         Ch. 435

30 days [after] FROM THE DATE OF MAILING OF the notice of [the] assessment, the
taxpayer files an appeal showing cause why the tax is not paid when due. Any amounts
received from any dealer or owner under this subsection shall be credited first to penalty
and interest accrued and then to tax due.

(2) If the failure to pay the tax is due to an attempt to defraud, then the
penalty shall be, in lieu of the penalty more specifically provided for under paragraph (1)
of this subsection, 100% of the tax due plus interest at the rate of 1.5% per month or
fraction of a month from the time due until paid.

SECTION 2. AND BE IT FURTHER ENACTED, That, notwithstanding the
provisions of Section 1 of this Act, for the purposes of implementing a staggered system
of renewal for certificates of number and documented vessel stickers, the Maryland
Department of Natural Resources may require that up to one-half of the certificates of
number and documented vessel stickers that are to be renewed following the effective
date of this Act shall be renewed for 1 year. Any certificate or sticker renewed for 1 year
under the provisions of this section shall be renewed in accordance with Section 1 of this
Act for all subsequent renewals.

SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 1091. January 1, 1995.

Approved May 2, 1994.

CHAPTER 435
(House Bill 1421)

AN ACT concerning

Forest Conservation and Management Program

FOR the purpose of authorizing an owner of certain property subject to an agreement
under the forest conservation and management program to subdivide the property
to transfer to a child of the owner a lot not exceeding a specified size for certain
purposes, subject to certain conditions and local laws; providing that the transfer
does not result in certain prior year property tax liability; requiring the supervisor of
assessments for the relevant county to reassess the property removed from the
program and establish the property as a separate account; requiring recording of the
modification of the agreement in the county land records; clarifying that certain
plans shall be approved, rather than developed, by the Department of Natural
Resources; and generally relating to the right of a property owner to transfer certain
property under the forest conservation and management program to the owner's
child without prior year tax liability.

BY repealing and reenacting, with amendments,
Article - Tax - Property
Section 8-211
Annotated Code of Maryland

- 2115 -