# Tax - Property (GTP)

## Title 7. Property Tax Exemptions

### Subtitle 1. General Provisions

#### Section 7-108

(a) The governing body of a county may reduce, by law, the percent of the assessment of any personal property that is subject to the county property tax under Sec. 7-222 or Sec. 7-225 of this title.

(b) A county that reduces or eliminates the percent of assessment of taxable personal property under subsection (a) of this section shall submit a copy of the law to the Department. If the Department receives a copy of the law on or before May 1, the change shall be effective for the taxable year following the date the law is enacted.

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Md. Code Ann., Tax-Prop. (as displayed at mgaleg.maryland.gov, October 16, 2026)