State Codes and Statutes

Statutes > Maryland > Tax-property > Title-8 > Subtitle-2 > 8-220

§ 8-220. Assessing of planned development land - Intent and necessity.
 

(a)  Intent of General Assembly.- The General Assembly states that it is in the public interest to provide for the development of lands in a planned manner. 

(b)  Necessity for provisions.- The development of lands in a planned manner is necessary to: 

(1) obtain economic and environmental benefits; 

(2) relieve economic pressures that result from the assessment of planned development land at levels inconsistent with planned development; 

(3) aid the assembly of land for planned development land; 

(4) facilitate cooperation among landowners; and 

(5) permit holding of planned development land in an undeveloped status for orderly and staged improvement, particularly for the development of new communities. 
 

[An. Code 1957, art. 81, § 19; 1985, ch. 8, § 2; 2004, ch. 416.] 
 

State Codes and Statutes

Statutes > Maryland > Tax-property > Title-8 > Subtitle-2 > 8-220

§ 8-220. Assessing of planned development land - Intent and necessity.
 

(a)  Intent of General Assembly.- The General Assembly states that it is in the public interest to provide for the development of lands in a planned manner. 

(b)  Necessity for provisions.- The development of lands in a planned manner is necessary to: 

(1) obtain economic and environmental benefits; 

(2) relieve economic pressures that result from the assessment of planned development land at levels inconsistent with planned development; 

(3) aid the assembly of land for planned development land; 

(4) facilitate cooperation among landowners; and 

(5) permit holding of planned development land in an undeveloped status for orderly and staged improvement, particularly for the development of new communities. 
 

[An. Code 1957, art. 81, § 19; 1985, ch. 8, § 2; 2004, ch. 416.] 
 


State Codes and Statutes

State Codes and Statutes

Statutes > Maryland > Tax-property > Title-8 > Subtitle-2 > 8-220

§ 8-220. Assessing of planned development land - Intent and necessity.
 

(a)  Intent of General Assembly.- The General Assembly states that it is in the public interest to provide for the development of lands in a planned manner. 

(b)  Necessity for provisions.- The development of lands in a planned manner is necessary to: 

(1) obtain economic and environmental benefits; 

(2) relieve economic pressures that result from the assessment of planned development land at levels inconsistent with planned development; 

(3) aid the assembly of land for planned development land; 

(4) facilitate cooperation among landowners; and 

(5) permit holding of planned development land in an undeveloped status for orderly and staged improvement, particularly for the development of new communities. 
 

[An. Code 1957, art. 81, § 19; 1985, ch. 8, § 2; 2004, ch. 416.]