2013 Maryland Code
TAX - PROPERTY
§ 10-205 - Advance payment of county property tax
§10-205.
(a) The governing body of a county may authorize, by law, advance payment of county property tax.
(b) The advance payment is calculated by applying the current county property tax rate to the assessment of the taxpayer’s property for the prior year.
(c) If the advance payment is less than the county property tax as finally determined, the collector shall send a bill to the taxpayer for the difference.
(d) The law authorizing advance payment may allow interest on the advance payment. The interest may not exceed any discounts allowed by law.
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