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Statutes Text

Article - Tax - Property




§2–218.2.

    The Department shall publish on the Department’s website a plain language description of the following:

        (1)    the methodology applied in the valuation and assessment process;

        (2)    any adjustments in value that an assessor is authorized to make;

        (3)    the criteria used to determine the depreciation value of real property;

        (4)    the circumstances under which the Department is required to revalue real property in any year of a 3–year cycle; and

        (5)    any other factors relevant to the valuation of real property by the Department.



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