Unannotated Code of Maryland (Last Updated: May 16, 2014) |
TAX - PROPERTY |
TITLE 7. PROPERTY TAX EXEMPTIONS |
SUBTITLE 2. GENERAL PROPERTY TAX EXEMPTIONS |
§ 7-218. Nature Conservancy
Latest version.
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Property is not subject to property tax if the property:
(1) is owned by the Nature Conservancy; and
(2) is used:
(i) to assist in the preservation of a wild nature area;
(ii) to establish a nature reserve or other protected area; or
(iii) generally to promote conservation.