§ 14-603

# (a)

Except as provided in subsection (b) of this section and for estimated personal property tax in § 14-604 of this subtitle, the rate of interest for full year county or municipal corporation property tax or taxing district property tax is two-thirds of 1% for each month or fraction of a month that the county or municipal corporation property tax or taxing district property tax is overdue.

# (b)

For the following counties and municipal corporations the rate of interest for each month or fraction of a month that county or municipal corporation property tax or taxing district property tax is overdue is:

# (1)

1.5% for Garrett County;

# (2)

1% for the City of Salisbury;

# (3)

1% for Washington County;

# (4)

1% for Somerset County; and

# (5)

the rate set by law by:

(i) the governing body of a county that has adopted a charter form of government under Article XI–A of the Maryland Constitution;

(ii) the governing body of:
1. Allegany County;
2. the City of Annapolis;
3. Berlin, not exceeding 1.5%;
4. Caroline County, not exceeding 1%;
5. Cecil County, or any municipal corporation in Cecil County, not exceeding 1%;
6. Dorchester County;
7. the City of Frederick, not exceeding 1%, that is set on or before the date of finality;
8. Frederick County, not exceeding 1%, that is set on or before the date of finality;
9. Ocean City, not exceeding 1.5%;
10. Pocomoke City, not exceeding 1.5%;
11. the Town of Princess Anne, not exceeding 1.5%;
12. Kent County or any municipal corporation in Kent County;
13. Queen Anne’s County or any municipal corporation in Queen Anne’s County;
14. Snow Hill, not exceeding 1.5%;
15. Worcester County, not exceeding 1.5%;
16. Calvert County;
17. St. Mary’s County;
18. the City of Taneytown;
19. the City of Cambridge; or
20. Mardela Springs, not exceeding 1%; or

(iii) the Mayor and City Council of Baltimore City for Baltimore City, if the rate is set on or before June 30 for the following taxable year.

# (c)

The governing body of Calvert County or of St. Mary’s County may set, by law:

# (1)

an interest rate for overdue tax on commercial property; and

# (2)

a separate interest rate for overdue tax on noncommercial property.