Article - Tax - Property
(a) The Department may require a person to submit to the Department a report that contains the information listed in subsection (b) of this section, if the person:
(1) moves personal property to any county or municipal corporation from the county or municipal corporation where it was assessed;
(2) moves personal property from outside this State to a county or municipal corporation inside this State; or
(3) possesses, cares for, or manages any personal property that:
(i) is not assessed; or
(ii) the Department suspects is not assessed.
(b) The report shall contain:
(1) a list of:
(i) all personal property assessable by the Department; and
(ii) all personal property assessable but not previously assessed by the Department that the person possesses, cares for, or manages; and
(2) the name of each person who owns an item of the personal property.