§ 7-108
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/md/tax-property/7-108A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§7–108.
(a)The governing body of a county may reduce, by law, the percent of the assessment of any personal property that is subject to the county property tax under § 7-222 or § 7-225 of this title.
(b)A county that reduces or eliminates the percent of assessment of taxable personal property under subsection
(a)of this section shall submit a copy of the law to the Department. If the Department receives a copy of the law on or before May 1, the change shall be effective for the taxable year following the date the law is enacted.