Ch. 656                                    1996 LAWS OF MARYLAND

CHAPTER 656
(House Bill 1304)

AN ACT concerning

Property Tax Exemptions - Privately Owned Public Use Airports

FOR the purpose of providing that certain real property on which a privately owned
public use airport is located is not subject to State property tax under certain
circumstances; authorizing the governing body of a county to include certain real
property as part of an exemption from county property tax; and providing for the
application of this Act.

BY adding to

Article - Tax - Property

Section 7-303

Annotated Code of Maryland

(1994 Replacement Volume and 1995 Supplement)

BY repealing and reenacting, with amendments,
Article - Tax - Property
Section 8-302

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 - Properly

7-303.

(A) REAL PROPERTY IS NOT SUBJECT TO STATE PROPERTY TAX IF:

(1)     ON THE REAL PROPERTY THERE IS AN AIRPORT THAT IS:
(I) LOCATED ON PRIVATELY OWNED LAND;

(II) USED BY THE PUBLIC; AND

(III) LICENSED UNDER TITLE 5 OF THE TRANSPORTATION ARTICLE;
AND

(2)     THE REAL PROPERTY IS THE PART OF THE AIRPORT THAT IS AN
IMPROVED AIRPLANE LANDING STRIP AIRCRAFT LANDING AREA, INCLUDING AN
APPROACH ZONE AND TAXIWAY, AND OTHER PART OF THE PROPERTY THAT IS
DESIGNATED BY THE MARYLAND AVIATION ADMINISTRATION AS NECESSARY TO
MEET THE MINIMUM STANDARDS OF SAFETY REQUIRED FOR LICENSURE.

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