Md. Code, Tax - Property § 8-417
This is the official text of Md. Code, Tax - Property § 8-417, part of Maryland’s Code, Tax - Property — governs property taxation.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§8–417.
Official statutory text
(a) In this section, “escaped property” means any property that:
(1) is subject to assessment for property tax purposes; and
(2) has not been assessed.
(b) Notwithstanding § 8-418 of this subtitle, after it is discovered, escaped property is assessed in the same manner as other similar property is assessed.
(c) (1) When escaped property is assessed it is placed on the assessment roll and tax roll and is subject to property tax for:
(i) the current taxable year; and
(ii) not more than 3 previous taxable years.
(2) The county tax imposition for each county or municipal corporation tax imposition for each municipal corporation shall be deemed to have covered all property that was not assessed but which should have been assessed for the year that any county or municipal corporation tax was imposed.
(d) If personal property is assessed at less than its value as a result of the owner inaccurately reporting the cost or other information as to the property, the underassessed part of the property shall be treated as escaped property.
(1) is subject to assessment for property tax purposes; and
(2) has not been assessed.
(b) Notwithstanding § 8-418 of this subtitle, after it is discovered, escaped property is assessed in the same manner as other similar property is assessed.
(c) (1) When escaped property is assessed it is placed on the assessment roll and tax roll and is subject to property tax for:
(i) the current taxable year; and
(ii) not more than 3 previous taxable years.
(2) The county tax imposition for each county or municipal corporation tax imposition for each municipal corporation shall be deemed to have covered all property that was not assessed but which should have been assessed for the year that any county or municipal corporation tax was imposed.
(d) If personal property is assessed at less than its value as a result of the owner inaccurately reporting the cost or other information as to the property, the underassessed part of the property shall be treated as escaped property.
Status: in_force · Read it on the official government site
Need a lawyer in Maryland?
Find a Maryland lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.