2010 Maryland Code
TAX - PROPERTY
TITLE 7 - PROPERTY TAX EXEMPTIONS
Subtitle 2 - General Property Tax Exemptions
Section 7-236 - Refueling equipment or machinery.
§ 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.]
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