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Code · Maryland · Tax - Property

§ 8-220

100 words·~1 min read·/md/tax-property/8-220

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§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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