§ 8-101. Classification of property

   (a) Property classified. -- For assessment purposes, property shall be divided into classes and subclasses.

(b) Real property and subclasses. -- Real property is a class of property and is divided into the following subclasses:

   (1) land that is actively devoted to farm or agricultural use, assessed under § 8-209 of this title;

   (2) marshland, assessed under § 8-210 of this title;

   (3) woodland, assessed under § 8-211 of this title;

   (4) land of a country club or golf course, assessed under § 8-212 through 8-217 of this title;

   (5) land that is used for a planned development, assessed under § 8-220 through 8-225 of this title;

   (6) rezoned real property that is used for residential purposes, assessed under § 8-226 through 8-228 of this title;

   (7) operating real property of a railroad;

   (8) operating real property of a public utility;

   (9) property valued under § 8-105(a)(3) of this subtitle;

   (10) conservation property, assessed under § 8-209.1 of this title; and

   (11) all other real property that is directed by this article to be assessed.

(c) Personal property and subclasses. -- Personal property is a class of property and is divided into the following subclasses:

   (1) stock in business;

   (2) distilled spirits;

   (3) operating personal property of a railroad;

   (4) operating personal property of a public utility that is machinery or equipment used to generate electricity or steam for sale;

   (5) all other operating personal property of a public utility;

   (6) machinery and equipment, other than operating personal property of a public utility, that is used to generate:

      (i) electricity or steam for sale; or

      (ii) hot or chilled water for sale that is used to heat or cool a building; and

   (7) all other personal property that is directed by this article to be assessed.

HISTORY: An. Code 1957, art. 81, § 14; 1985, ch. 8, § 2; 1987, ch. 322; 1990, chs. 226, 227; 1992, ch. 133; 1993, ch. 142; 1999, chs. 5, 6; 2000, ch. 526; 2002, chs. 121, 474; 2005, ch. 457; 2006, ch. 489.