2010 Maryland Code
TAX - PROPERTY
TITLE 7 - PROPERTY TAX EXEMPTIONS
Subtitle 3 - State Property Tax Exemption
Section 7-307 - Repaired or reconstructed dwelling.

§ 7-307. Repaired or reconstructed dwelling.
 

(a)  Exemption allowed.- Subject to subsection (b) of this section, real property is not subject to State property tax if: 

(1) the homeowner is otherwise eligible for the credit allowed under § 9-105 of this article; 

(2) (i) the dwelling is: 

1. damaged or destroyed due to a natural disaster; and 

2. subsequently repaired or reconstructed; 

(ii) the dwelling is revalued after the dwelling is repaired or reconstructed; and 

(iii) as a result of the revaluation, the assessment of the dwelling exceeds the last assessment of the dwelling; and 

(3) the homeowner claiming the exemption had a legal interest in the dwelling at the time the dwelling was damaged or destroyed as described under item (2) of this subsection. 

(b)  Conditions.- The property tax exemption under this section only applies for a taxable year in which a property tax credit for the property described in subsection (a) of this section is granted by the governing body of a county or municipal corporation under § 9-109 of this article and applies only to the extent that the credit is granted. 
 

[2005, chs. 536, 616; 2006, ch. 89.]