§ 7-304
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/md/tax-property/7-304A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§7–304.
(a)Property is not subject to State property tax if the property is:
(1)owned by a land trust as defined in § 3-2A-01 of the Natural Resources Article that is certified by the Maryland Environmental Trust to be a land trust in good standing and to have a cooperative agreement in effect; and
(2)used:
(i)to assist in the preservation of a natural area;
(ii)for the environmental education of the public;
(iii)to conserve agricultural land and to promote continued agricultural use of the land;
(iv)generally to promote conservation; or
(v)for the maintenance of a natural area for public use or a sanctuary for wildlife.
(b)To qualify for an exemption under this section, a land trust shall obtain a written certification every 5 years beginning July 1, 1998, or as scheduled by the Maryland Environmental Trust.