ROBERT L. EHRLICH, JR., Governor                             Ch. 497

CHAPTER 497
(House Bill 159)

AN ACT concerning

Property Tax - Exemptions

FOR the purpose of requiring that certain applications must be filed on or before
certain dates for certain abatement of property tax after the transfer of certain
real or personal property; providing for the application of this Act; and generally
relating to applications for certain property tax exemptions.

BY repealing and reenacting, with amendments,
Article - Tax - Property
Section 7-104 and 11-103
Annotated Code of Maryland
(2001 Replacement Volume and 2003 Supplement)

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

Article - Tax - Property

7-104.

(a)     Except as provided in subsection (c) of this section and in §§ 7-202 and
7-215 of this title, property tax on wholly exempt property shall be abated for the
taxable year that follows the date on which the property became exempt.

(b)     If an owner of property subject to an exemption on June 30 files an
application for abatement on or before the following September 1 with the
Department or the supervisor, the tax is abated for the taxable year.

(c)      If property that is exempt from property tax is transferred to a person
whose use of the property qualifies the property for an exemption from the date of
transfer, then the property tax shall be abated from that date IF THE TRANSFEREE:

(1)      FILES AN APPLICATION UNDER § 7-103 OF THIS SUBTITLE ON OR
BEFORE SEPTEMBER 1 OF THE FOLLOWING TAXABLE YEAR; OR

(2)      FILES AN APPLICATION UNDER § 7-225 OF THIS TITLE ON OR BEFORE
1 YEAR AFTER WITHIN 6 MONTHS AFTER RECEIPT OF THE FIRST ASSESSMENT
NOTICE; WHICH INCLUDES THE MANUFACTURING PERSONAL PROPERTY; THAT IS
ISSUED AFTER THE DATE OF THE TRANSFER.

11-103.

(a) If a person who has filed a report under this title determines that
information was not reported accurately, the person may file an amended report
within 3 years after the April 15th that the original report was due.

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