§ 7-204.2. Retroactive application of exemptions under § 7-202 or § 7-204 for real property in ...
West's Annotated Code of MarylandTax-PropertyEffective: April 24, 2023
Effective: April 24, 2023
MD Code, Tax - Property, § 7-204.2
§ 7-204.2. Retroactive application of exemptions under § 7-202 or § 7-204 for real property in Baltimore City
(a) A person who applies for an exemption under § 7-202 or § 7-204 of this subtitle for real property in Baltimore City may request that the exemption be applied retroactively for a period of up to 3 taxable years, ending with the taxable year in which the application is filed.
(b) Subject to subsection (c) of this section and notwithstanding any other provision of this article:
(c) A retroactive exemption granted by the Department under this section:
(d) On or before December 1, 2023, and each December 1 through December 1, 2027, the Baltimore City Department of Finance shall submit to the Governor and, in accordance with § 2-1257 of the State Government Article, the General Assembly a report that indicates:
Credits
Added by Acts 2023, c. 229, § 1, eff. April 24, 2023; Acts 2023, c. 230, § 1, eff. April 24, 2023.
MD Code, Tax - Property, § 7-204.2, MD TAX PROPERTY § 7-204.2
Current through legislation effective through April 25, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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