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§ 7-236. Certain refueling equipment or machinery

West's Annotated Code of MarylandTax-Property

West's Annotated Code of Maryland
Tax-Property
Title 7. Property Tax Exemptions
Subtitle 2. General Property Tax Exemptions
MD Code, Tax - Property, § 7-236
§ 7-236. Certain refueling equipment or machinery
“Clean-burning fuel” defined
(a) In this section, “clean-burning fuel” has the meaning stated in § 9-101 of the Tax--General Article.
In general
(b) Except as provided in subsection (c) of this section, refueling equipment or machinery used only to dispense clean-burning fuels into motor vehicles is not subject to property tax.
Applicable tax rate
(c) The property tax for refueling equipment or machinery used only to dispense clean-burning fuels into motor vehicles is the applicable tax rate applied to:
(1) 20% of the assessed value in taxable year 1998;
(2) 40% of the assessed value in taxable year 1999;
(3) 60% of the assessed value in taxable year 2000;
(4) 80% of the assessed value in taxable year 2001; and
(5) 100% of the assessed value in taxable year 2002 and each taxable year thereafter.

Credits

Added by Acts 1993, c. 269.
MD Code, Tax - Property, § 7-236, MD TAX PROPERTY § 7-236
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.
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