§ 7-241

# (a)

Subject to subsection (b) of this section, property reserved by the Charles County Planning Commission under § 9–805 of the Land Use Article is not subject to property tax.

# (b)

# (1)

The Commission shall notify the Charles County Supervisor of Assessments when land is reserved and when land is released from reservation.

# (2)

The notice to the Supervisor shall identify the land that has been reserved or released from reservation.

# (c)

The exemption under this section shall be:

# (1)

effective beginning with the first taxable year after the date on which the Supervisor receives from the Commission notification of the reservation; and

# (2)

terminated beginning with the first taxable year after the date on which the Supervisor receives from the Commission notification of the release of the reservation.