Section 14-605 – When Timely Property Tax Payment Is Not Made
If a person fails to pay property tax when required by this article, the person shall pay interest on the total tax liability on property for each month or fraction of the month from the date the property tax payment is required to be paid under Title 10 of this article to the date the […]
Section 14-606 – When Timely Property Tax Payment Is Not Made — When Montgomery County or Prince George’s County Tax Is Deferred
If a person is granted a deferral that extends the time to pay Montgomery County property tax or Prince George’s County property tax under § 10-201 of this article, the person shall pay interest on the county property tax payment from the due date without a deferral until the date that the county property tax […]
Section 14-607 – Interest Paid — Advance Payments
(a) The governing body of a county may provide, by law, for interest on advance payments of county property tax. (b) The interest allowable under subsection (a) of this section may not exceed the discount for the taxable year that the county allows for the county property tax on the property.
Section 14-608 – Interest Paid — Refund of Estimated Personal Property Tax
The governing body of a county or of a municipal corporation shall provide, by law, for the payment of interest on refunds of county or municipal corporation estimated property tax on personal property or operating property.
Section 14-601 – Interest Charged on Total Tax Liability on Property
(a) Except as provided in subsection (b) of this section, interest is calculated on and charged against the total tax liability on property. (b) When payments of property tax have been made, interest is calculated on and charged against the total tax liability on the property, less the amount of the payments.
Section 14-602 – State Interest Rate for Property Tax
The rate of interest for State property tax is 1% for each month or fraction of a month that State property tax is overdue.
Section 14-603 – County, Municipal Corporation, and Taxing District Interest Rates for Full Year Property Tax
(a) Except as provided in subsection (b) of this section and for estimated personal property tax in § 14-604 of this subtitle, the rate of interest for full year county or municipal corporation property tax or taxing district property tax is two-thirds of 1% for each month or fraction of a month that the county or […]
Section 14-604 – County or Municipal Corporation Property Tax or Taxing District Property Tax Other Than as Provided in 14-603
The Mayor and City Council of Baltimore City or the governing body of a county or of a municipal corporation may set, by law, an interest charge for: (1) overdue final determination of estimated county or municipal corporation property tax on personal property or operating property; or (2) overdue 1/4, 1/2, or 3/4 year county or municipal […]