§ 7-236. Refueling equipment or machinery

MD Tax-Prop Code § 7-236 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(a)    In this section, “clean-burning fuel” has the meaning stated in § 9-101 of the Tax - General Article.

(b)    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)    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.