§ 20.103. Advance payment of real property tax.

(a)

Payment Authorized. A property owner may make advance payment of County real property tax in accordance with the provisions of section 10-205 of the Tax-Property Article of the Annotated Code of Maryland.

(b)

Calculation of Payment. The advance payment is calculated by applying the current County property tax rate to the assessment of the property owner's real property for the prior year.

(c)

Billing. If the advance payment is less than the County real property tax as finally determined, the County shall send a bill to the property owner for the difference.

(d)

Overpayment. If the real property tax paid under this section is more than the real property tax finally determined, the Director of Finance shall send a refund to the property owner.

(C.B. 16, 2014, § 1)