Md. Code Ann., Tax-Prop. § 8-209.1
Redline — January 1, 2019 → current.View current text →
Current — January 1, 2020
As of January 1, 2019
(a) In this section:
(1) subject to item (2) of this subsection, “conservation property” has the meaning stated in § 9-107 of this article; and
(2) “conservation property” includes:
(i) land that is subject to a perpetual conservation easement that was accepted and approved by the Board of Public Works on or before June 30, 1986; and
(ii) land as to which the property tax credit under § 9-107 of this article is granted, even after the expiration of the tax credit.
(a) In this section, “conservation property” means land that is subject to a perpetual conservation easement, including an easement that is sold or donated:
(1) to the Maryland Agricultural Land Preservation Foundation;
(2) to the Maryland Environmental Trust;
(3) to a land trust as defined in § 3–2A–01 of the Natural Resources Article; or
(4) under another public land conservation or preservation program.
(b) Conservation property shall be valued at a rate equivalent to the highest rate that is used to value land that is eligible for agricultural use assessment under § 8-209 of this subtitle.
(b) Conservation property shall be valued at a rate equivalent to the highest rate that is used to value land that is eligible for agricultural use assessment under § 8–209 of this subtitle.
(c) Notwithstanding § 8-209(c) of this subtitle, conservation property is not required to be actively used for farm or agricultural purposes to be eligible for valuation as provided in this section.
(c) Notwithstanding § 8–209(c) of this subtitle, conservation property is not required to be actively used for farm or agricultural purposes to be eligible for valuation as provided in this section.
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.