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§ 8-209.1. Conservation property

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

West's Annotated Code of Maryland
Tax-Property
Title 8. Valuation and Assessment
Subtitle 2. Assessment Procedures
Part II. Use Assessments
Effective: June 1, 2019
MD Code, Tax - Property, § 8-209.1
§ 8-209.1. Conservation property
“Conservation property” defined
(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.
In general
(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.
Use of property
(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.

Credits

Added by Acts 2006, c. 489, § 1, eff. June 1, 2006. Amended by Acts 2019, c. 241, § 1, eff. June 1, 2019.
MD Code, Tax - Property, § 8-209.1, MD TAX PROPERTY § 8-209.1
Current with all legislation from the 2021 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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