Md. Code, Tax - Property § 14-705

Md. Code, Tax - Property § 14-705
in effect
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If an escaped property assessment of personal property is made under § 8-417 of this article, an additional assessment penalty equal to 20% of the escaped property assessment shall be added to the assessment of the personal property.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gtp&section=14-705&enactments=falseFetched: 10/17/2026

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