Section 14-1103 - Period of property tax assessment.
§ 14-1103. Period of property tax assessment.
(a) In general.- Except as otherwise provided in subsections (b) and (c) of this section, property tax shall be assessed for the taxable period specified in Title 8 of this article.
(b) Exception - Escaped property.- Escaped property shall be assessed under § 8-417 of this article at the time the property is located and for not more than the 3 preceding taxable years.
(c) Assessments or abatements under § 8-419(c).- Assessments or abatements under § 8-419(c) of this article shall be made on or before the later of:
(1) 1 year after the report under § 11-101 of this article was filed; or
(2) 1 year after the due date of the report.
(d) Transferred property.- Assessments under § 8-419(c) of this article may not be made when all property has transferred since the original report filing under § 11-101 of this article.
[An. Code 1957, art. 81, § 34; 1985, ch. 8, § 2; ch. 222, § 2; 1986, chs. 171, 822; 2007, ch. 5, § 7.]