Volume 794, Page 3960 View pdf image |
S.B. 252 VETOES Section 8-105 Annotated Code of Maryland (1994 Replacement Volume and 1995 Supplement) SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF Article - Tax - Property 8-105. (a) (1) Except for land that is actively devoted to farm or agricultural use, the (i) may value income producing real property by using the (ii) shall consider an income method in valuing income producing (2) For income producing single-family residential real property, the (b) (1) The supervisor shall notify each owner of income producing real (i) income and expense statement for the real property, on the form (ii) annual income and expense statement in another form that is (2) For income producing real property that has a value in excess of (3) FOR INCOME PRODUCING REAL PROPERTY THAT IS DESIGNATED (i) include in the notice a statement that a penalty may be assessed (ii) send the notice by first class certified mail to the owner as (c) (1) For income producing real property that has a value in excess of - 3960 -
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Volume 794, Page 3960 View pdf image |
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