Section 9-206 - Maryland Agricultural Land Preservation Foundation. - Maryland Statutes

§ 9-206. Maryland Agricultural Land Preservation Foundation.
 

(a)  "Agricultural land" defined.- In this section, "agricultural land" means real property subject to an easement or other interest that is permanently conveyed or assigned to the Maryland Agricultural Land Preservation Foundation under § 2-504 of the Agriculture Article. 

(b)  Tax credit not exceeding 75%.- The Mayor and City Council of Baltimore City or the governing body of a county may grant, by law, a property tax credit not exceeding 75% of any county property tax imposed on agricultural land. 

(c)  Procedures and enforcement.- The Mayor and City Council of Baltimore City or the governing body of a county may provide, by law, any procedural or enforcement provision necessary to carry out this section. 

(d)  Valuation and assessment.- Valuation and assessment of agricultural land shall be made in the same manner as any other real property in the county. 
 

[An. Code 1957, art. 81, § 12E-1; 1985, ch. 8, § 2.]