# Tax - Property (GTP)

## Title 8. Valuation and Assessment

### Subtitle 2. Assessment Procedures

#### Section 8-204

(a) Personal property subject to assessment shall be assessed annually.

(b) The assessment of personal property for the date of finality is based on:

  (1) information required to be included in the report to be filed under Sec. 11-101 of this article by April 15 following the date of finality; or

  (2) if a report is not filed or is incomplete, any available information that the Department has.

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