# Tax - Property (GTP)

## Title 8. Valuation and Assessment

### Subtitle 2. Assessment Procedures

#### Section 8-220

(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.

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