Unannotated Code of Maryland (Last Updated: May 16, 2014) |
TAX - PROPERTY |
TITLE 14. PROCEDURE |
SUBTITLE 6. INTEREST |
PART I. INTEREST ON PROPERTY TAX |
§ 14-601. Interest charged on total tax liability on property
Latest version.
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(a) In general. -- Except as provided in subsection (b) of this section, interest is calculated on and charged against the total tax liability on property.
(b) Effect of payments. -- When payments of property tax have been made, interest is calculated on and charged against the total tax liability on the property, less the amount of the payments.