§ 8–101
Statutes in effect as of October 1, 2026.
Md. Code Ann., Tax-Prop. § 8-101 (2026)
Title 8. Valuation and Assessment
Subtitle 1. General Provisions and Valuation
§ 8–101LinkCopy Citation
(a)
For assessment purposes, property shall be divided into classes and subclasses.
(b)
Real property is a class of property and is divided into the following subclasses:
(1)
land that is actively devoted to farm or agricultural use, assessed under § 8-209 of this title;
(2)
marshland, assessed under § 8-210 of this title;
(3)
woodland, assessed under § 8-211 of this title;
(4)
land of a country club or golf course, assessed under §§ 8-212 through 8-217 of this title;
(5)
land that is used for a planned development, assessed under §§ 8-220 through 8-225 of this title;
(6)
rezoned real property that is used for residential purposes, assessed under §§ 8-226 through 8-228 of this title;
(7)
operating real property of a railroad;
(8)
operating real property of a public utility;
(9)
property valued under § 8-105(a)(3) of this subtitle;
(10)
conservation property, assessed under § 8-209.1 of this title; and
(11)
all other real property that is directed by this article to be assessed.
(c)
Personal property is a class of property and is divided into the following subclasses:
(1)
stock in business;
(2)
distilled spirits;
(3)
operating personal property of a railroad;
(4)
operating personal property of a public utility that is machinery or equipment used to generate electricity or steam for sale;
(5)
all other operating personal property of a public utility;
(6)
machinery and equipment, other than operating personal property of a public utility, that is used to generate:
(i)
electricity or steam for sale; or
(ii)
hot or chilled water for sale that is used to heat or cool a building; and
(7)
all other personal property that is directed by this article to be assessed.