Ch. 398                                    1996 LAWS OF MARYLAND

CHAPTER 398
(Senate Bill 443)

AN ACT concerning

Property Tax Exemption Relief- Potomac Conservancy

FOR the purpose of providing a property tax exemption for certain property owned by
the Potomac Conservancy and used for certain purposes; authorizing a county to
grant, under certain conditions, a property tax credit for certain property owned by
the Potomac Conservancy that is used for certain purposes; providing for the effective
date of this Act; and providing for the applicability of this Act.

BY adding to repealing and reenacting, with amendments.
Article - Tax - Property
Section 7-218.1 9-220
Annotated Code of Maryland
(1994 Replacement Volume and 1995 Supplement)

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

Article - Tax - Property

7-218.1.

PROPERTY IS NOT SUBJECT TO PROPERTY TAX IF THE PROPERTY:
(1) IS OWNED BY THE POTOMAC CONSERVANCY; AND
(2) IS USED:

(I) TO ASSIST IN THE PRESERVATION OF A WILD NATURE AREA;
(II) TO ESTABLISH A NATURE RESERVE OR OTHER PROTECTED

AREA;

9-220.

(III) FOR ENVIRONMENTAL EDUCATION OF THE PUBLIC; OR
(IV) GENERALLY TO PROMOTE CONSERVATION.

(a) (1) In this section the following words have the meanings indicated.

(2) "Conservation land" means real property that is:

(i) subject to a perpetual conservation easement donated to a land
trust on or after July 1, 1991; [or]

(ii) 1. acquired by a land trust on or after July 1, 1991;

2. owned in fee by that land trust: and

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