Md. Code, Tax-Prop. § 8-220
Md. Code, Tax-Prop. § 8-220
Maryland · Maryland Code, Tax - Property · Status: effective
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- Citation
- Md. Code, Tax-Prop. § 8-220, Maryland, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1790701
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Full text
(a) The General Assembly states that it is in the public interest to provide for the development of lands in a planned manner.
(b) The development of lands in a planned manner is necessary to:
(1) obtain economic and environmental benefits;
(2) relieve economic pressures that result from the assessment of planned development land at levels inconsistent with planned development;
(3) aid the assembly of land for planned development land;
(4) facilitate cooperation among landowners; and
(5) permit holding of planned development land in an undeveloped status for orderly and staged improvement, particularly for the development of new communities.