§ 7–518
Statutes in effect as of October 1, 2026.
Md. Code Ann., Tax-Prop. § 7-518 (2026)
Title 7. Property Tax Exemptions
Subtitle 5. County Exemptions -- Optional; Payments in Lieu of Taxes
§ 7–518LinkCopy Citation
(a)
In this section, “affordable housing land trust” and “affordable housing land trust agreement” have the meanings stated in § 14–501 of the Real Property Article.
(b)
The governing body of Frederick County may exempt real property from the Frederick County property tax if the real property is:
(1)
owned by an affordable housing land trust; and
(2)
not subject to an affordable housing land trust agreement.