Section 9-206 - Maryland Agricultural Land Preservation Foundation.
§ 9-206. Maryland Agricultural Land Preservation Foundation.
(a) "Agricultural land" defined.- In this section, "agricultural land" means real property subject to an easement or other interest that is permanently conveyed or assigned to the Maryland Agricultural Land Preservation Foundation under § 2-504 of the Agriculture Article.
(b) Tax credit not exceeding 75%.- The Mayor and City Council of Baltimore City or the governing body of a county may grant, by law, a property tax credit not exceeding 75% of any county property tax imposed on agricultural land.
(c) Procedures and enforcement.- The Mayor and City Council of Baltimore City or the governing body of a county may provide, by law, any procedural or enforcement provision necessary to carry out this section.
(d) Valuation and assessment.- Valuation and assessment of agricultural land shall be made in the same manner as any other real property in the county.
[An. Code 1957, art. 81, § 12E-1; 1985, ch. 8, § 2.]