- (a) Except as otherwise provided in subsections (b) and (c) of this section, property tax shall be assessed for the taxable period specified in Title 8 of this article.
- (b) Escaped property shall be assessed under § 8-417 of this article at the time the property is located and for not more than the 3 preceding taxable years.
(c) Assessments or abatements under § 8-419(c) of this article shall be made on or before the later of:
- (1) 1 year after the report under § 11-101 of this article was filed; or
- (2) 1 year after the due date of the report.
- (d) Assessments under § 8-419(c) of this article may not be made when all property has transferred since the original report filing under § 11-101 of this article.
Added by Acts 1985, c. 8, § 2, eff. Feb. 1, 1986. Amended by Acts 1985, c. 222, § 2; Acts 1986, c. 171; Acts 1986, c. 822.
Formerly Art. 81, § 34.