Md. Code Ann., Tax-Prop. § 8-220
Planned development of land, necessity
Effective Jun 1, 2009Added by Acts 1985, c. 8, § 2, eff. Feb. 1, 1986. Amended by Acts 2004, c. 416, § 1, eff. June 1, 2009.State of Maryland
- (a) The General Assembly states that it is in the public interest to provide for the development of lands in a planned manner.
(b) The development of lands in a planned manner is necessary to:
- (1) obtain economic and environmental benefits;
- (2) relieve economic pressures that result from the assessment of planned development land at levels inconsistent with planned development;
- (3) aid the assembly of land for planned development land;
- (4) facilitate cooperation among landowners; and
- (5) permit holding of planned development land in an undeveloped status for orderly and staged improvement, particularly for the development of new communities.
Added by Acts 1985, c. 8, § 2, eff. Feb. 1, 1986. Amended by Acts 2004, c. 416, § 1, eff. June 1, 2009.
Formerly Art. 81, § 19.