ROBERT L. EHRLICH, JR., Governor

Ch. 65

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

Article - Tax - Property

10-304.

(a)     As used in this section, "damaged property" means:

(1)     real property that is partially damaged or totally destroyed; or

(2)     personal property that is totally destroyed.

(b)     As to damaged property that should be removed from the assessment roll:

(1)     if the damage occurred during the 6-month period from the date of
finality to the [July 1] JUNE 30 following, property tax is not due for the taxable year
beginning on the following July 1;

[(2) if the damage occurred during the first 3-month period of the taxable
year, 25% of property tax is due;

(3)     if the damage occurred during the second 3-month period of the
taxable year, 50% of the property tax is due;

(4)     if the damage occurred during the third 3-month period of the
taxable year, 75% of the property tax is due; and

(5)     if the damage occurred during the fourth 3-month period of the
taxable year, the full amount of property tax is due.]

(2)  IF THE DAMAGE OCCURRED DURING THE FIRST MONTH OF THE
TAXABLE YEAR, 8% OF THE PROPERTY TAX IS DUE;

(3)  IF THE DAMAGE OCCURRED DURING THE SECOND MONTH OF THE
TAXABLE YEAR, 17% OF THE PROPERTY TAX IS DUE;

(4)  IF THE DAMAGE OCCURRED DURING THE THIRD MONTH OF THE
TAXABLE YEAR, 25% OF THE PROPERTY TAX IS DUE;

(5)  IF THE DAMAGE OCCURRED DURING THE FOURTH MONTH OF THE
TAXABLE YEAR, 33% OF THE PROPERTY TAX IS DUE;

(6)  IF THE DAMAGE OCCURRED DURING THE FIFTH MONTH OF THE
TAXABLE YEAR, 42% OF THE PROPERTY TAX IS DUE;

(7)  IF THE DAMAGE OCCURRED DURING THE SIXTH MONTH OF THE
TAXABLE YEAR, 50% OF THE PROPERTY TAX IS DUE;

(8)  IF THE DAMAGE OCCURRED DURING THE SEVENTH MONTH OF THE
TAXABLE YEAR, 58% OF THE PROPERTY TAX IS DUE;

(9)  IF THE DAMAGE OCCURRED DURING THE EIGHTH MONTH OF THE
TAXABLE YEAR, 67% OF THE PROPERTY TAX IS DUE;

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