1. (a) Except as otherwise provided in subsection (b) of this section, property owned by an individual or a religious group is not subject to property tax if the property is actually used exclusively to bury dead individuals.

2. (b) Property owned by a cemetery or mausoleum company is not subject to property tax, if:

   1. (1) the property is actually used exclusively to bury dead individuals; and

   2. (2) the cemetery or mausoleum company:

      1. (i) is not organized for profit; and
      2. (ii) uses its funds only to maintain or improve the property.

Added by Acts 1985, c. 8, § 2, eff. Feb. 1, 1986.

Formerly Art. 81, § 9.