[Adopted 3-4-2008 by Bill No. 2008-6[1]]
[1]
Editor's Note: This bill also provided that it shall take effect 7-1-2008.
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.