Section 7-236 - Refueling equipment or machinery. - Maryland Statutes

§ 7-236. Refueling equipment or machinery.
 

(a)  "Clean-burning fuel" defined.- In this section, "clean-burning fuel" has the meaning stated in § 9-101 of the Tax - General Article. 

(b)  Exemption.- 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)  Tax rate.- 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. 
 

[1993, ch. 269.]