Chapter 02. Payments In Lieu of Taxes
Regulation .01 Records.LinkCopy Citation
A.
If an agreement for payment in lieu of taxes is made by a local government, the office of the supervisor of assessments in the respective counties shall be notified and provided with the following:
(1)
The name of the owner;
(2)
The name of the project;
(3)
A copy of the executed agreement;
(4)
The amount of the payment in lieu of taxes.
B.
There is no change in the status of the account unless this information is provided.
Chapter annotations
Authority: Tax-Property Article, §§2-201 and 2-202, Annotated Code of Maryland
History: Effective date: January 7, 1982 (8:26 Md. R. 2106)
History: Regulation .01A amended effective September 19, 1988 (15:19 Md. R. 2248)