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Code · Maryland · Tax - Property

§ 7-236

130 words·~1 min read·/md/tax-property/7-236

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§7–236.
(a)In this section, “clean-burning fuel” has the meaning stated in § 9-101 of the Tax - General Article.
(b)Except as provided in subsection
(c)of this section, refueling equipment or machinery used only to dispense clean-burning fuels into motor vehicles is not subject to property tax.
(c)The property tax for refueling equipment or machinery used only to dispense clean-burning fuels into motor vehicles is the applicable tax rate applied to:
(1)20% of the assessed value in taxable year 1998;
(2)40% of the assessed value in taxable year 1999;
(3)60% of the assessed value in taxable year 2000;
(4)80% of the assessed value in taxable year 2001; and
(5)100% of the assessed value in taxable year 2002 and each taxable year thereafter.
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