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Maryland Code — Tax-General + Tax-Property Articles

Md. Code Ann., Tax-Prop. § 7-513

§ 7-513

Official textmgaleg.maryland.gov12 subsections

# (a)

Subject to subsection (b) of this section, the governing body of Dorchester County may reduce, by law, the percent of the assessment of personal property other than operating personal property of a public utility.

# (b)

If the governing body of the county enacts a law reducing the assessment of personal property, personal property other than operating personal property of a public utility is subject to county property tax on:

# (1)

90% of its value for the first taxable year beginning after enactment of the law;

# (2)

80% of its value for the second taxable year beginning after enactment of the law;

# (3)

70% of its value for the third taxable year beginning after enactment of the law;

# (4)

60% of its value for the fourth taxable year beginning after enactment of the law;

# (5)

50% of its value for the fifth taxable year beginning after enactment of the law;

# (6)

40% of its value for the sixth taxable year beginning after enactment of the law;

# (7)

30% of its value for the seventh taxable year beginning after enactment of the law;

# (8)

20% of its value for the eighth taxable year beginning after enactment of the law;

# (9)

10% of its value for the ninth taxable year beginning after enactment of the law; and

# (10)

0% of its value for the tenth taxable year beginning after enactment of the law and for each taxable year thereafter.

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In this article (40 sections)
  1. gtp-7-501 · § 7-501
  2. gtp-7-502 · § 7-502
  3. gtp-7-503 · § 7-503
  4. gtp-7-504.2 · § 7-504.2
  5. gtp-7-504.3 · § 7-504.3
  6. gtp-7-504.4 · § 7-504.4
  7. gtp-7-504 · § 7-504
  8. gtp-7-505 · § 7-505
  9. gtp-7-506.1 · § 7-506.1
  10. gtp-7-506.2 · § 7-506.2
  11. gtp-7-506.3 · § 7-506.3
  12. gtp-7-506 · § 7-506
  13. gtp-7-507 · § 7-507
  14. gtp-7-508 · § 7-508
  15. gtp-7-509.1 · § 7-509.1
  16. gtp-7-509 · § 7-509
  17. gtp-7-510 · § 7-510
  18. gtp-7-511.1 · § 7-511.1
  19. gtp-7-511 · § 7-511
  20. gtp-7-512 · § 7-512
  21. gtp-7-513 · § 7-513
  22. gtp-7-514 · § 7-514
  23. gtp-7-515 · § 7-515
  24. gtp-7-516 · § 7-516
  25. gtp-7-517 · § 7-517
  26. gtp-7-518 · § 7-518
  27. gtp-7-519 · § 7-519
  28. gtp-7-520 · § 7-520
  29. gtp-7-521 · § 7-521
  30. gtp-8-101 · § 8-101
  31. gtp-8-102 · § 8-102
  32. gtp-8-103 · § 8-103
  33. gtp-8-104 · § 8-104
  34. gtp-8-105 · § 8-105
  35. gtp-8-106 · § 8-106
  36. gtp-8-107 · § 8-107
  37. gtp-8-108 · § 8-108
  38. gtp-8-109 · § 8-109
  39. gtp-8-110 · § 8-110
  40. gtp-8-112 · § 8-112
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