State Codes and Statutes
Statutes > Maryland > Tax-property > Title-8 > Subtitle-2 > 8-209-1§ 8-209.1. Assessing conservation property.
(a) "Conservation property" defined.- In this section:
(1) subject to item (2) of this subsection, "conservation property" has the meaning stated in § 9-107 of this article; and
(2) "conservation property" includes:
(i) land that is subject to a perpetual conservation easement that was accepted and approved by the Board of Public Works on or before June 30, 1986; and
(ii) land as to which the property tax credit under § 9-107 of this article is granted, even after the expiration of the tax credit.
(b) Valuation.- Conservation property shall be valued at a rate equivalent to the highest rate that is used to value land that is eligible for agricultural use assessment under § 8-209 of this subtitle.
(c) Use for farm or agricultural purposes not required.- Notwithstanding § 8-209(c) of this subtitle, conservation property is not required to be actively used for farm or agricultural purposes to be eligible for valuation as provided in this section.
[2006, ch. 489.]
