§ 20.100. Discount for prompt payment.

Latest version.

The Director of Finance shall apply a discount of 0.5 percent to annual real property taxes paid on or before July 31 following the due date or, if annual tax bills are not released by the due date, the Director of Finance may extend the discount up to 30 days following the date of release of the bills.

(C.B. 38, 1998; C.B. 41, 2011, § 1)

State law reference

Authority to provide discount for prompt payment, Ann. Code of Md., Tax-Property article, § 10-301.

                    
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