Pursuant to the authorization contained in § 7-514
of the Tax-Property Article, Annotated Code of Maryland, Dorchester
County may increase to not more than 65%, by law, the percent of the
assessment of any personal property described in § 7-237
of the Tax-Property Article, subject to county property tax.
[Amended 4-4-2017 by Bill
No. 2017-2]
The assessment of the operating personal property of a public
utility and personal property described in § 7-237 of the
Tax-Property Article is subject to the County property tax on:
A. 65% of its value for the taxable year beginning July 1, 2008.
B. 60% of its value for the taxable year beginning July 1, 2009.
C. 55% of its value for the taxable year beginning July 1, 2010.
D. 50% of its value for the taxable year beginning July 1, 2011, and
each subsequent taxable year.