§ 7-236. Refueling equipment or machinery

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

(b) Exemption. -- 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) Tax rate. -- 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.

HISTORY: 1993, ch. 269.