Maryland HB734 establishes criteria for assessing land used by community solar energy systems for agricultural tax purposes.

Maryland HB734 modifies the agricultural use assessment for property tax purposes to include land used by community solar energy generating systems. The bill requires the Department to establish criteria for determining if land used by these systems qualifies for the agricultural assessment. Criteria include zoning, past and present land use, productivity, and income from agricultural activity. The bill also mandates that such systems must be approved by the Public Service Commission to qualify for the assessment.

Maryland HB734 establishes criteria for assessing land used by community solar energy systems for agricultural tax purposes.

Maryland HB734 modifies the agricultural use assessment for property tax purposes to include land used by community solar energy generating systems. The bill requires the Department to establish criteria for determining if land used by these systems qualifies for the agricultural assessment. Criteria include zoning, past and present land use, productivity, and income from agricultural activity. The bill also mandates that such systems must be approved by the Public Service Commission to qualify for the assessment.