S.B. 689                                                  VETOES

(i) the dwelling is in a homeowners' association where the dwelling
has a declaration of covenants or restrictive covenants that may be enforced by an
association of members;

(ii) the governing body of the county consults with the homeowners'
association; and

(iii) the governing body of the county determines that the homeowners'
association provides services that would otherwise be the responsibility of the county;

[(11)] (15) real property that is:

(i) owned by the Rosa Ponselle Charitable Foundation, Incorporated,
known as "Villa Pace"; and

(ii) not exempt under this article; and

[(12)] (16) agricultural land, not including any improvements, that is located
in an agricultural preservation district.

[(c)](B) (1) A property owner is not eligible for a tax credit for agricultural
land under subsection [(b)] (A) of this section, and any such tax credit granted shall
terminate, if the property owner:

(i) sells an easement over the property to the State; or

(ii) terminates the agricultural preservation district agreement.

(2) A property owner who has been granted a property tax credit for
agricultural land under subsection [(b)] (A) of this section, and who subsequently
terminates the agricultural preservation district agreement shall be liable for:

(i) all property taxes that the owner would have been liable for if a
property tax credit had not boon granted under this section for a period not exceeding 10
years from the date that the agricultural preservation agreement was recorded;

(ii) interest on the total tax liability as required under § 14-605 of this
article; and

(iii) a tax penalty as required under § 14-703 of this article.

9-306.

(a) The governing body of Calvert County [and] OR of a municipal corporation
in Calvert County [shall] MAY grant a tax credit under this section against the county
[and] OR municipal corporation property tax imposed on:

(1) real property that is owned by the Calvert Arundel Medical Facility,
Incorporated; and

(2) agricultural land, not including any improvements, that is located in an
agricultural preservation district.

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