Home Table of Contents

§ 13-301. Definitions

West's Annotated Code of MarylandTax-PropertyEffective: July 1, 2019

West's Annotated Code of Maryland
Tax-Property
Title 13. Transfer Taxes
Subtitle 3. Agricultural Land Transfer Tax (Refs & Annos)
Effective: July 1, 2019
MD Code, Tax - Property, § 13-301
§ 13-301. Definitions
Currentness
In general
(a) In this subtitle the following words have the meanings indicated.
Agricultural land
(b) “Agricultural land” means real property that is or was assessed on the basis of farm or agricultural use under § 8-209 of this article.
Agricultural land transfer tax
(c)(1) “Agricultural land transfer tax” means the tax imposed under § 13-302 of this subtitle.
(2) “Agricultural land transfer tax” does not include the surcharge imposed under § 13-303(d) of this subtitle.
Total value
(d)(1) “Total value” means the value of the property as stated in the most recent assessment roll.
(2) “Total value” includes any adjustment in the value of improvements that result from an increase in construction costs as determined by the Department as of the most recent date of finality.

Credits

Added by Acts 1985, c. 8, § 2, eff. Feb. 1, 1986. Amended by Acts 1988, c. 552; Acts 2008, c. 610, § 1, eff. July 1, 2008; Acts 2016, c. 372, § 1, eff. June 1, 2016; Acts 2016, c. 373, § 1, eff. June 1, 2016; Acts 2019, c. 566, § 1, eff. July 1, 2019; Acts 2019, c. 567, § 1, eff. July 1, 2019.
Formerly Art. 81, § 278F.
MD Code, Tax - Property, § 13-301, MD TAX PROPERTY § 13-301
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document