§ 7-204.1. Properties in Baltimore City not subject to property tax in actual use for tax-exemp...
West's Annotated Code of MarylandTax-PropertyEffective: July 1, 2015
Effective: July 1, 2015
MD Code, Tax - Property, § 7-204.1
§ 7-204.1. Properties in Baltimore City not subject to property tax in actual use for tax-exempt purposes
(a) An organization that owns property in Baltimore City that is not subject to property tax as of June 1, 2014, under § 7-202 or § 7-204 of this subtitle shall submit an application to the Department in accordance with this section:
(b) The application shall:
(c) A property subject to this section for which an application has not been filed on or before April 1 of a year in which an application is due under subsection (a) of this section shall be subject to property tax effective the following July 1.
(d) A property for which an application is filed after April 1 of a year in which an application is due under subsection (a) of this section is not subject to property tax effective:
(e) An organization that owns property subject to this section shall notify the Department and the Director of Finance of Baltimore City within 30 days after the property ceases to be used for a tax-exempt purpose as enumerated in § 7-202 or § 7-204 of this subtitle.
Credits
Added by Acts 2014, c. 617, § 1, eff. July 1, 2015.
MD Code, Tax - Property, § 7-204.1, MD TAX PROPERTY § 7-204.1
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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