PARRIS N, GLENDENING, Governor                             Ch. 559

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 7-303.

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

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

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

3. subject to a letter of intent, agreement, or option agreement
for the resale of the property to a government agency; OR

(III) OWNED BY THE POTOMAC CONSERVANCY.

(3)     "Land trust" means a qualified conservation organization as defined in §
3-2A-01 of the Natural Resources Article.

(b)     The Mayor and City Council of Baltimore City or the governing body of a
county or municipal corporation may grant, by law, a property tax credit against the
county or municipal corporation property tax imposed on conservation land that is used:

(1)     to assist in the preservation of a natural area;

(2)     for the environmental education of the public;

(3)     generally to promote conservation: or

(4)     for the maintenance of:

(i) a natural area for public use; or

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