2013 Maryland Code
TAX - PROPERTY
§ 7-304 - Land trusts
§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.
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