Maryland Code, LAND USE 18-306
Terms Used In Maryland Code, LAND USE 18-306
- County: means a county of the State or Baltimore City. See
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Personal property: All property that is not real property.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(b) Each fiscal year, Prince George’s County shall impose on each $100 of assessed valuation of:
(1) real property, a tax for recreation of at least 2 cents; and
(2) personal property and operating real property described in § 8-109(c) of the Tax – Property Article, a tax for recreation of at least 5 cents.
(c) Every 60 days the county shall pay to the Commission the tax collected under this section.
(d) The Commission shall use the revenues from the tax imposed under this section to finance its adopted budget to regulate, operate, and maintain recreation functions, programs, facilities, and personnel in Prince George’s County as the Commission determines.