(a) The governing body of a county may provide, by law, for interest on advance payments of county property tax.
(b) The interest allowable under subsection (a) of this section may not exceed the discount for the taxable year that the county allows for the county property tax on the property.
Structure Maryland Statutes
Part I - Interest on Property Tax
Section 14-601 - Interest Charged on Total Tax Liability on Property
Section 14-602 - State Interest Rate for Property Tax
Section 14-605 - When Timely Property Tax Payment Is Not Made
Section 14-607 - Interest Paid -- Advance Payments
Section 14-608 - Interest Paid -- Refund of Estimated Personal Property Tax