§ 7-239. Coal pollution control or waste disposal
West's Annotated Code of MarylandTax-Property
MD Code, Tax - Property, § 7-239
§ 7-239. Coal pollution control or waste disposal
(a) In this section the following words have the meanings indicated.
(i) is used for the purpose of controlling emissions of pollutants into the air, ground, or waters of the State, resulting from the use of coal at an electrical generation facility, to achieve air quality standards, water quality standards, or effluent standards prescribed under the laws or regulations of the State or the United States; and
(b) Except as otherwise provided in this section, property is subject to a partial exemption from property tax as provided in this section if the property is:
(c) Subject to subsection (d) of this section, the partial exemption granted under this section:
(d) If a certified coal pollution control facility produces a profitable by-product or if a part of the facility is required for the operation of the business without regard to State and federal air quality, water quality, and effluent requirements, the partial exemption under this section applies only to that portion of the value of the facility attributable to pollution control activity.
(e) If a certified coal pollution control facility includes the replacement, repair, or retrofit of equipment that was subject to property tax on or before December 31, 1996, the partial exemption under this section shall be reduced by the replacement value of existing equipment that is replaced.
Credits
Added by Acts 1996, c. 519, § 1, eff. July 1, 1996.
MD Code, Tax - Property, § 7-239, MD TAX PROPERTY § 7-239
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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