Ch. 3

1995 LAWS OF MARYLAND

DRAFTER'S NOTE:

Error: Erroneous cross-reference in § 7-232 of the Tax - Property Article.

Occurred: Ch. 8, § 2, Acts of 1985.

7-501.

(a) The governing body of Allegany COUNTY, Anne Arundel COUNTY,
Montgomery COUNTY, or Washington County or the governing body of a municipal
corporation in those counties may authorize, by law, an exemption from county or
municipal corporation property tax for the property that is described in § 6-102(e) of this
article.

DRAFTER'S NOTE:

Error: Stylistic error in § 7-501(a) of the Tax - Property Article.

Occurred: Ch. 8, § 2, Acts of 1985.
7-503.

(c)     (2) For an agreement concerning real property described under subsection
[(a)(2)(i)3] (A)(2)(I)1C of this section, the abatement or reduction of property tax
previously imposed is from the date during the taxable year when the instrument
transferring title to that real property was recorded.

(d)     (2) For property described in subsection [(a)(2)(i)3] (A)(2)(I)1C of this
section, any amount negotiated under this section in lieu of property, tax shall be divided
between the county and, where applicable, the municipal corporation in the ratio that the
tax rate of the county and municipal corporation each bears to the total of the tax rates of
the county and municipal corporation. The payment to the county and, where applicable,
the municipal corporation may not exceed an amount equal to property tax imposed on
similar property.

DRAFTER'S NOTE:

Error: Obsolete cross-reference in § 7-503(c)(2) and (d)(2) of the Tax -
Property Article.

Occurred: As a result of Ch. 744, Acts of 1988, which renumbered §
7-503(a)(2)(i)(3) to be § 7-503(a)(2)(i)1.C.

7-510.

In Calvert COUNTY, Caroline COUNTY, Cecil COUNTY, Kent COUNTY, or Queen
Anne's County, when authorized by the governing body of the county by law, 1 or more
classes of the personal property of any commercial, manufacturing, or professional
business that is actually used in the business, including furniture, fixtures, equipment, and
supplies, is not subject to the county property tax.

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