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PARRIS N. GLENDENING, Governor
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H.B. 758
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(1) has at least 100 members, who pay dues averaging $50 or more
annually for each member;
(2) restricts use of its facilities primarily to members, families, and
guests; and
(3) is located on at least 50 acres of land, on which is maintained:
(i) a regular or championship golf course of at least 9 holes; and
(ii) a clubhouse.
8-213.
(a) In this section, "agreement" means an agreement made under subsection
(b) of this section.
(b) The Department may make agreements with country clubs AND GOLF
COURSES that specify the manner of assessing the land AND COURSE
IMPROVEMENTS of a country club OR GOLF COURSE. All agreements shall contain
uniform provisions.
(c) (1) Except as provided in paragraph (2) of this subsection, the land of a
country club OR GOLF COURSE that is actively used as a country club OR GOLF
COURSE that meets the requirements of § 8-212 of this subtitle OR GOLF COURSE
shall be valued [on the basts of that use and may not be valued on the basis of any
other use] USING THE HIGHEST USE VALUE RATES PER ACRE USED BY THE
DEPARTMENT FOR VALUING LAND THAT IS ELIGIBLE FOR AGRICULTURAL USE
ASSESSMENT UNDER § 8-209 OF THIS SUBTITLE AT RATES EQUIVALENT TO LAND
ASSESSED UNDER § 8-219 OF THIS SUBTITLE.
(2) If the land of a country club GOLF COURSE that meets the
requirements of § 8-212 of this subtitle OR GOLF COURSE has a greater MARKET
value than its value when used as a country club OR GOLF COURSE, the land shall
also be assessed on the basis of the greater value.
(3) Except as provided under § 8-216 of this subtitle, the property tax
payable by a country club OR GOLF COURSE under this section is based on the
assessment of the land under paragraph (1) of this subsection.
(4) If an assessment is made on the greater value under paragraph (2) of
this subsection, the assessment records for the country club OR GOLF COURSE shall
record the assessment under paragraphs (1) and (2) of this subsection.
(5) Any assessment of the land of a country club OR GOLF COURSE under
this section is effective on the date of finality next following the date of an agreement.
(D) (1) COURSE IMPROVEMENTS AT A COUNTRY CLUB OR GOLF COURSE,
SUCH AS TEES, GREENS, BUNKERS, FAIRWAYS, AND SIMILAR ITEMS, SHALL BE
VALUED BASED ON 50% OF THE CURRENT REPLACEMENT COST OF THE
IMPROVEMENTS.
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- 5215 -
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