§ 8–220
Statutes in effect as of October 1, 2026.
Md. Code Ann., Tax-Prop. § 8-220 (2026)
Title 8. Valuation and Assessment
Subtitle 2. Assessment Procedures
§ 8–220LinkCopy Citation
(a)
The General Assembly states that it is in the public interest to provide for the development of lands in a planned manner.
(b)
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.