SDAT Proposes New Regs for Woodland Ag Assessments
The Maryland State Department of Assessments and Taxation (SDAT) has proposed changes to the agricultural use assessment for woodland, now published in the Maryland Register. Maryland’s agricultural use assessment assigns a lower assessed value to farmland and qualifying woodland than to market-rate property. The goal is to keep land in active farm or forestry use. The draft regulation states that woodland must include at least five contiguous acres to qualify. Additionally, landowners cannot combine smaller parcels…